Wash. Rev. Code § 32.32.070 – Limitation on purchase of shares by officers, directors, and their associates—Amount. | Midpage
§ 32.32.070
Wash. Rev. Code § 32.32.070
Limitation on purchase of shares by officers, directors, and their associates—Amount.
[ 1981 c 85 s 13.]
The number of shares which officers and directors of the converting savings bank and their associates may purchase in the conversion shall not exceed twenty-five percent of the total offering of shares.