Wash. Rev. Code § 33.48.150

Current through 2024
Section 33.48.150 - Organizing permit-Required

No subscriptions or funds from proposed stockholders of any proposed association, prior to its incorporation and prior to a decision by the director on its application for approval of its articles of incorporation, may be solicited or taken until a verified application for an organizing permit has been filed and a permit has been issued by the director authorizing such subscription or collection of funds and then, only in accordance with the terms of such permit.

RCW 33.48.150

1994 c 92 § 481; 1973 c 130 § 6.

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

Definitions-1973 c 130: See RCW 33.24.350.