RCW 32.32.115
106 words·~1 min read·
/wa/title-32/chapter-32-32/32-32-115·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In connection with shares of capital stock subject to restriction on sale for a period of time:
(1)Each certificate for the stock shall bear a legend giving appropriate notice of the restriction;
(2)Appropriate instructions shall be issued to the transfer agent for the capital stock with respect to applicable restrictions on transfer of any such restricted stock; and
(3)Any shares issued as a stock dividend, stock split, or otherwise with respect to any such restricted stock shall be subject to the same restrictions as may apply to the restricted stock.
[ 1985 c 56 s 18 ; 1981 c 85 s 22 .]