Code · Washington · Title 33 — Washington Savings Association Act · Chapter 33.48

RCW 33.48.180

109 words·~1 min read·/wa/title-33/chapter-33-48/33-48-180·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

No association shall sell, take subscriptions for, or issue any stock until the association applies for and secures from the director a permit authorizing it to sell stock.

This section does not apply to an offering involving less than five hundred thousand dollars nor to an offering made under a registration statement filed under the federal securities act of 1933 (48 Stat. 74; 15 U.S.C. Sec. 77a).

[ 1994 c 92 s 484 ; 1982 c 3 s 101 ; 1973 c 130 s 5 .]

Notes:

Severability — 1982 c 3: See note following RCW 33.04.002 .

Severability — 1973 c 130: See note following RCW 33.24.350 .