The Legislature website will be offline intermittently between 7 AM - 7 PM on Saturday, September 26 for scheduled maintenance. We apologize for the inconvenience. 

Home  / State laws and rules  / RCWs / Title 32 / Chapter 32.32

Chapter 32.32 RCW

CONVERSION OF MUTUAL SAVINGS BANK TO CAPITAL STOCK SAVINGS BANK

Complete chapter HTMLPDF

RCW dispositions

Sections

HTMLPDF 32.32.010Chapter exclusive—Prohibition on conversion without approval—Waiver of requirements.
HTMLPDF 32.32.015Forms.
HTMLPDF 32.32.020Request of noncompliance—Requirements.
HTMLPDF 32.32.025Definitions.
HTMLPDF 32.32.030Prohibition on approval of certain applications for conversion.
HTMLPDF 32.32.035Requirements of plan of conversion.
HTMLPDF 32.32.040Issuance of capital stock—Price.
HTMLPDF 32.32.042Shares—Certificate not required.
HTMLPDF 32.32.045Stock purchase subscription rights—Eligible account holders.
HTMLPDF 32.32.050Stock purchase subscription rights received by officers, directors, and their associates—Subordination.
HTMLPDF 32.32.055Supplemental share purchase subscription rights—Supplemental eligible account holder—Conditions.
HTMLPDF 32.32.060Sale of shares not sold in subscription offering—Methods—Conditions.
HTMLPDF 32.32.065Limitation on subscription and purchase of shares by person with associate or group—Amount.
HTMLPDF 32.32.070Limitation on purchase of shares by officers, directors, and their associates—Amount.
HTMLPDF 32.32.075Prohibition on purchase of shares by officers, directors, and their associates—Exception.
HTMLPDF 32.32.080Uniform sales price of shares required—Application to specify arrangements on sale of shares not sold in subscription offering.
HTMLPDF 32.32.085Savings account holder to receive withdrawable savings account(s)—Amount.
HTMLPDF 32.32.090Liquidation account—Establishment and maintenance required.
HTMLPDF 32.32.095Establishment of eligibility record date required.
HTMLPDF 32.32.100Capital stock—Voting rights.
HTMLPDF 32.32.105Amendment and termination of plan of conversion.
HTMLPDF 32.32.110Restriction on sale of shares of stock by directors and officers.
HTMLPDF 32.32.115Conditions on shares of stock subject to restriction on sale.
HTMLPDF 32.32.120Registration of securities—Marketing of securities—Listing of shares on securities exchange or NASDAQ quotation system.
HTMLPDF 32.32.125Reasonable expenses required.
HTMLPDF 32.32.130Plan of conversion—Prohibited provisions.
HTMLPDF 32.32.135Plan of conversion—Permissible provisions.
HTMLPDF 32.32.140Purchase of certain shares of stock by directors, officers, and employees permitted—Conditions.
HTMLPDF 32.32.145Receipt of certain subscription rights by account holders permitted—Amount—Conditions.
HTMLPDF 32.32.150Permissible sales of insignificant residue of shares.
HTMLPDF 32.32.155Limitation on number of shares subscribed in subscription offering permitted.
HTMLPDF 32.32.160Minimum purchase requirement in exercise of subscription rights permitted.
HTMLPDF 32.32.165Stock option plan permitted—Reserved shares.
HTMLPDF 32.32.170Issuance of securities in lieu of capital stock permitted—References to capital stock.
HTMLPDF 32.32.175Approval of other equitable provisions.
HTMLPDF 32.32.180Amount of qualifying deposit of eligible account holder or supplemental eligible account holder.
HTMLPDF 32.32.185Liquidation account—Establishment required—Amount—Function.
HTMLPDF 32.32.190Liquidation account—Maintenance required—Subaccounts.
HTMLPDF 32.32.195Liquidation account—Distribution upon complete liquidation.
HTMLPDF 32.32.200Liquidation account—Determination of subaccount balances.
HTMLPDF 32.32.205Reduction of subaccount balance.
HTMLPDF 32.32.210Converted savings bank prohibited from repurchasing its stock without approval.
HTMLPDF 32.32.215Limitation on cash dividends.
HTMLPDF 32.32.220Limitation on certain cash dividends within ten years of conversion.
HTMLPDF 32.32.222Dividends on preferred stock.
HTMLPDF 32.32.225Prohibitions on offer, sale, or purchase of securities.
HTMLPDF 32.32.228Acquisition of control of a converted savings bank—State reciprocity—Definitions.
HTMLPDF 32.32.230Nonapproval of conversion unless acquisition of control within three years by certain companies prohibited.
HTMLPDF 32.32.235Plan of conversion—Charter restrictions permitted.
HTMLPDF 32.32.240Confidentiality of consideration to convert—Remedial measures for breach.
HTMLPDF 32.32.245Public statement authorized.
HTMLPDF 32.32.250Adoption of plan of conversion—Notice to and inspection by account holders—Statement and letter—Press release authorized.
HTMLPDF 32.32.255Statement, letter, and press release—Content permitted.
HTMLPDF 32.32.260Statement, letter, and press release—Contents prohibited—Inquiries.
HTMLPDF 32.32.265Notices of filing of application—Requests for subscription offering circular.
HTMLPDF 32.32.270Filing of notice and affidavit of publication required.
HTMLPDF 32.32.275Applications available for public inspection—Confidential information.
HTMLPDF 32.32.280Offers and sales of securities—Prohibitions.
HTMLPDF 32.32.285Distribution of offering circulars authorized.
HTMLPDF 32.32.290Preliminary offering circular for subscription offering—Estimated subscription price range required.
HTMLPDF 32.32.295Review of price information by director.
HTMLPDF 32.32.300Underwriting commissions.
HTMLPDF 32.32.305Consideration of pricing information by director—Guidelines.
HTMLPDF 32.32.310Submission of information by applicant.
HTMLPDF 32.32.315Subscription offering—Distribution of order forms for the purchase of shares.
HTMLPDF 32.32.320Order forms—Final offering circular and detailed instructions.
HTMLPDF 32.32.325Subscription price.
HTMLPDF 32.32.330Order form—Contents.
HTMLPDF 32.32.335Order form—Additional provision authorized—Payment by withdrawal.
HTMLPDF 32.32.340Time period for completion of sale of all shares of capital stock.
HTMLPDF 32.32.345Copies of application for approval to be filed.
HTMLPDF 32.32.350Nonacceptance and return of applications.
HTMLPDF 32.32.355Continuity of corporate existence.
HTMLPDF 32.32.360Form of application.
HTMLPDF 32.32.365Representations upon filing of application.
HTMLPDF 32.32.370Representations upon filing of application—Exception.
HTMLPDF 32.32.375Application to furnish information.
HTMLPDF 32.32.380Application—Additional information required.
HTMLPDF 32.32.385Omission of certain information permitted—Conditions.
HTMLPDF 32.32.390Offering circular—Certain manner of presentation of required information prohibited.
HTMLPDF 32.32.395Form and contents of filings.
HTMLPDF 32.32.400Conformance required to order prohibiting the use of any filing.
HTMLPDF 32.32.405Application—Certain named persons—Filing of written consent required.
HTMLPDF 32.32.410Offering circular—Certain named persons—Filing of written consent required.
HTMLPDF 32.32.415Date of receipt—Date of filing.
HTMLPDF 32.32.420Availability for conferences in advance of filing of application—Refusal of prefiling review.
HTMLPDF 32.32.425Appeal from refusal to approve application.
HTMLPDF 32.32.430Postconversion reports.
HTMLPDF 32.32.435Definitions.
HTMLPDF 32.32.440Certain agreement to transfer and transfers of ownership in rights or securities prohibited.
HTMLPDF 32.32.445Certain offers and announcements on securities prohibited.
HTMLPDF 32.32.450Certain offers and acquisitions prohibited.
HTMLPDF 32.32.455Nonapplicability of RCW 32.32.440 and 32.32.445.
HTMLPDF 32.32.460Nonapplicability of RCW 32.32.445 and 32.32.450.
HTMLPDF 32.32.465Nonapplicability of RCW 32.32.450.
HTMLPDF 32.32.470Approval of certain applications prohibited.
HTMLPDF 32.32.475Penalty for violations.
HTMLPDF 32.32.480Name of converted savings bank.
HTMLPDF 32.32.485Amendments to charter required in application—Articles of incorporation—Filing of certificate required—Contents—Issuance and filing of authorization certificate.
HTMLPDF 32.32.490Amendments to articles of incorporation.
HTMLPDF 32.32.495Directors—Election—Meetings—Quorum—Oath—Vacancies.
HTMLPDF 32.32.497Conversions incident to acquisition by savings bank holding company or merger or consolidation with savings bank holding company subsidiary—Application of RCW 32.32.110 and 32.32.115.
HTMLPDF 32.32.500Merger, consolidation, conversion, etc.—Approval—Concentration limits.
HTMLPDF 32.32.505Intent—References in the Revised Code of Washington.
HTMLPDF 32.32.515Guaranty fund.
HTMLPDF 32.32.520"Funds" defined.
HTMLPDF 32.32.525Prohibition on certain securities and purchases—Exception.