RCW 32.32.050
68 words·~1 min read·
/wa/title-32/chapter-32-32/32-32-050·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nontransferable subscription rights to purchase capital stock received by officers and directors and their associates of the converting savings bank based on their increased deposits in the converting savings bank in the one-year period preceding the eligibility record date shall be subordinated to all other subscriptions involving the exercise of nontransferable subscription rights to purchase shares pursuant to RCW 32.32.045 .
[ 1981 c 85 s 9 .]