RCW 30A.08.088
Authorized but unissued shares of capital stock—When shares become part of capital stock.
The authorized but unissued shares shall not become a part of the capital stock until they have been issued and paid for.
[ 1994 c 256 § 46; 1994 c 92 § 53; 1986 c 279 § 27; 1979 c 106 § 2; 1965 c 140 § 2. Formerly RCW 30.08.088.]
NOTES:
Reviser's note: This section was amended by 1994 c 92 § 53 and by 1994 c 256 § 46, each without reference to the other. Both amendments are incorporated in the publication of this section pursuant to RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Findings—Construction—1994 c 256: See RCW 43.320.007.
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
Chapter 30A.08 - Organization and Powers.
30A.08.010 - Incorporators—Paid-in capital stock, surplus, and undivided profits—Requirements.
30A.08.020 - Notice of intention to organize—Proposed articles of incorporation—Contents.
30A.08.040 - Notice to file articles—Articles approved or refused—Hearing.
30A.08.050 - Approved articles to be filed and recorded—Organization complete.
30A.08.055 - Amending articles—Filing with director—Contents.
30A.08.060 - Certificate of authority—Issuance—Contents.
30A.08.070 - Failure to commence business—Effect—Extension of time.
30A.08.081 - Shares—Certificates not required.
30A.08.082 - Authority to issue preferred or special classes of stock.
30A.08.083 - Authority to divide classes into series—Rights and preferences—Filing of statement.
30A.08.086 - Determination of capital impairment when capital consists of preferred stock.
30A.08.087 - Authorized but unissued shares of capital stock—Issuance—Consideration.
30A.08.090 - Amendment of articles—Procedure.
30A.08.092 - Increase or decrease of capital stock authorized.
30A.08.140 - Corporate powers of banks.
30A.08.150 - Banks engaged in trust business.