RCW 32.32.165
56 words·~1 min read·
/wa/title-32/chapter-32-32/32-32-165·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A stock option plan may be adopted by the board of directors at the meeting at which the plan of conversion is voted upon. The number of shares reserved for the stock option plans should be limited to ten percent of the number of shares sold in the conversion.
[ 1981 c 85 s 32 .]