Minimum purchase requirement in exercise of subscription rights permitted.

  1. Law
  2. Revised Code of Washington
  3. Washington Savings Bank Act
  4. Conversion of Mutual Savings Bank to Capital Stock Savings Bank.
  5. Minimum purchase requirement in exercise of subscription rights permitted.

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Any person exercising subscription rights to purchase capital stock may be required to purchase a minimum of up to twenty-five shares to the extent the shares are available (but the aggregate price for any minimum share purchase shall not exceed five hundred dollars).

[ 1981 c 85 § 31.]


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