Increase or decrease of capital stock authorized. — Washington Code § 30A.08.092

Washington Code § 30A.08.092 — Increase or decrease of capital stock authorized.. Reproduced from the official Revised Code of Washington, with a citation summary, verification link, and related provisions.

§ 30A.08.092. Increase or decrease of capital stock authorized.

A bank may increase or decrease its capital stock by amendment to its articles of incorporation. No issuance of capital stock shall be valid, until the amount thereof shall have been actually paid in. No reduction of the capital stock shall be made to an amount less than is required for capital by the director.
[ 2014 c 37 s 164. Prior: 1994 c 256 s 48; 1994 c 92 s 55; 1987 c 420 s 4. Formerly RCW 30.08.092.]

Notes

Findings—Construction—1994 c 256: See RCW 43.320.007.

Source: official Washington text · Last verified 2026-08-27

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  • Citation: Revised Code of Washington § 30A.08.092
  • Jurisdiction: Washington
  • Code: Revised Code of Washington
  • Subject: Increase or decrease of capital stock authorized.
  • Text: transcribed from the official source (verify below)

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