Chapter 32.32 RCW


Chapter exclusiveProhibition on conversion without approvalWaiver of requirements.
Request of noncomplianceRequirements.
Prohibition on approval of certain applications for conversion.
Requirements of plan of conversion.
Issuance of capital stockPrice.
SharesCertificate not required.
Stock purchase subscription rightsEligible account holders.
Stock purchase subscription rights received by officers, directors, and their associatesSubordination.
Supplemental share purchase subscription rightsSupplemental eligible account holderConditions.
Sale of shares not sold in subscription offeringMethodsConditions.
Limitation on subscription and purchase of shares by person with associate or groupAmount.
Limitation on purchase of shares by officers, directors, and their associatesAmount.
Prohibition on purchase of shares by officers, directors, and their associatesException.
Uniform sales price of shares requiredApplication to specify arrangements on sale of shares not sold in subscription offering.
Savings account holder to receive withdrawable savings account(s)Amount.
Liquidation accountEstablishment and maintenance required.
Establishment of eligibility record date required.
Capital stockVoting rights.
Amendment and termination of plan of conversion.
Restriction on sale of shares of stock by directors and officers.
Conditions on shares of stock subject to restriction on sale.
Registration of securitiesMarketing of securitiesListing of shares on securities exchange or NASDAQ quotation system.
Reasonable expenses required.
Plan of conversionProhibited provisions.
Plan of conversionPermissible provisions.
Purchase of certain shares of stock by directors, officers, and employees permittedConditions.
Receipt of certain subscription rights by account holders permittedAmountConditions.
Permissible sales of insignificant residue of shares.
Limitation on number of shares subscribed in subscription offering permitted.
Minimum purchase requirement in exercise of subscription rights permitted.
Stock option plan permittedReserved shares.
Issuance of securities in lieu of capital stock permittedReferences to capital stock.
Approval of other equitable provisions.
Amount of qualifying deposit of eligible account holder or supplemental eligible account holder.
Liquidation accountEstablishment requiredAmountFunction.
Liquidation accountMaintenance requiredSubaccounts.
Liquidation accountDistribution upon complete liquidation.
Liquidation accountDetermination of subaccount balances.
Reduction of subaccount balance.
Converted savings bank prohibited from repurchasing its stock without approval.
Limitation on cash dividends.
Limitation on certain cash dividends within ten years of conversion.
Dividends on preferred stock.
Prohibitions on offer, sale, or purchase of securities.
Acquisition of control of a converted savings bankState reciprocityDefinitions.
Nonapproval of conversion unless acquisition of control within three years by certain companies prohibited.
Plan of conversionCharter restrictions permitted.
Confidentiality of consideration to convertRemedial measures for breach.
Public statement authorized.
Adoption of plan of conversionNotice to and inspection by account holdersStatement and letterPress release authorized.
Statement, letter, and press releaseContent permitted.
Statement, letter, and press releaseContents prohibitedInquiries.
Notices of filing of applicationRequests for subscription offering circular.
Filing of notice and affidavit of publication required.
Applications available for public inspectionConfidential information.
Offers and sales of securitiesProhibitions.
Distribution of offering circulars authorized.
Preliminary offering circular for subscription offeringEstimated subscription price range required.
Review of price information by director.
Underwriting commissions.
Consideration of pricing information by directorGuidelines.
Submission of information by applicant.
Subscription offeringDistribution of order forms for the purchase of shares.
Order formsFinal offering circular and detailed instructions.
Subscription price.
Order formContents.
Order formAdditional provision authorizedPayment by withdrawal.
Time period for completion of sale of all shares of capital stock.
Copies of application for approval to be filed.
Nonacceptance and return of applications.
Continuity of corporate existence.
Form of application.
Representations upon filing of application.
Representations upon filing of applicationException.
Application to furnish information.
ApplicationAdditional information required.
Omission of certain information permittedConditions.
Offering circularCertain manner of presentation of required information prohibited.
Form and contents of filings.
Conformance required to order prohibiting the use of any filing.
ApplicationCertain named personsFiling of written consent required.
Offering circularCertain named personsFiling of written consent required.
Date of receiptDate of filing.
Availability for conferences in advance of filing of applicationRefusal of prefiling review.
Appeal from refusal to approve application.
Postconversion reports.
Certain agreement to transfer and transfers of ownership in rights or securities prohibited.
Certain offers and announcements on securities prohibited.
Certain offers and acquisitions prohibited.
Nonapplicability of RCW 32.32.440 and 32.32.445.
Nonapplicability of RCW 32.32.445 and 32.32.450.
Nonapplicability of RCW 32.32.450.
Approval of certain applications prohibited.
Penalty for violations.
Name of converted savings bank.
Amendments to charter required in applicationArticles of incorporationFiling of certificate requiredContentsIssuance and filing of authorization certificate.
Amendments to articles of incorporation.
Conversions incident to acquisition by savings bank holding company or merger or consolidation with savings bank holding company subsidiaryApplication of RCW 32.32.110 and 32.32.115.
Merger, consolidation, conversion, etc.ApprovalConcentration limits.
IntentReferences in the Revised Code of Washington.
Guaranty fund.
"Funds" defined.
Prohibition on certain securities and purchasesException.
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