Statutes, codes, and regulations
Revised Code of Washington
Title 33 - WASHINGTON SAVINGS ASSOCIATION ACT
Chapter 33.48 - STOCK ASSOCIATIONS
Section 33.48.270 - Reduction of stock-Disposition of surplus

Wash. Rev. Code § 33.48.270

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Current through 2024
Section 33.48.270 - Reduction of stock-Disposition of surplus

Any surplus resulting from reduction of stock shall not be available for dividends or other distribution to stockholders except upon liquidation.

RCW 33.48.270

1982 c 3 § 109; 1973 c 130 § 17.

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

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