Revised Code of Washington
Chapter 30A.12 - Officers, Employees, and Stockholders.
30A.12.220 - Preemptive rights of shareholders to acquire unissued shares—Articles of incorporation may limit or permit—Later acquisition.

RCW 30A.12.220
Preemptive rights of shareholders to acquire unissued shares—Articles of incorporation may limit or permit—Later acquisition.

The articles of incorporation of any bank organized under this title may limit or permit the preemptive rights of a shareholder to acquire unissued shares of the corporation and may thereafter by amendment limit, deny, or grant to shareholders of any class of stock the preemptive right to acquire additional shares of the corporation whether then or thereafter authorized.

[ 2014 c 37 § 187; 1979 c 106 § 8. Formerly RCW 30.12.220.]

Structure Revised Code of Washington

Revised Code of Washington

Title 30A - Washington Commercial Bank Act

Chapter 30A.12 - Officers, Employees, and Stockholders.

30A.12.010 - Directors—Election—Meetings—Oath—Vacancies.

30A.12.020 - Meetings, where held—Corporate records.

30A.12.025 - Rights of shareholder to examine and make extracts of records—Penalty—Financial statements.

30A.12.030 - Fidelity bonds—Casualty insurance.

30A.12.040 - Removal of a board director, officer, or employee—Prohibiting participation in bank or holding company affairs—Grounds—Notice.

30A.12.0401 - Written notice of charges under RCW 30A.12.042.

30A.12.042 - Removal of a director, officer, or employee or prohibiting participation in bank or holding company affairs—Notice contents—Hearing—Order of removal or prohibition.

30A.12.044 - Removal of one or more directors of a bank or holding company—Effect upon quorum—Procedure.

30A.12.045 - Removal of delinquent officer or employee or prohibiting participation in bank affairs—Administrative hearing—Judicial review.

30A.12.046 - Removal of delinquent officer or employee or prohibiting participation in bank affairs—Jurisdiction of courts in enforcement or issuance of orders, injunctions or judicial review.

30A.12.047 - Removal of a director, officer, or employee of a bank or holding company—Violation of final order—Penalty.

30A.12.060 - Loans to officers or employees.

30A.12.070 - Unsafe loans and discounts to directors or officers.

30A.12.090 - False entries, statements, etc.—Penalty.

30A.12.100 - Destroying or secreting records—Penalty.

30A.12.110 - Commission, etc., for procuring loan—Penalty.

30A.12.115 - Transactions in which director or officer has an interest.

30A.12.120 - Loans to officers or employees from trust funds—Penalty.

30A.12.130 - Trust company as legal representative—Oath by officer.

30A.12.180 - Levy of assessments.

30A.12.190 - General penalty—Effect of conviction.

30A.12.205 - Stock purchase options—Incentive bonus contracts, stock purchase or bonus plans, and profit sharing plans.

30A.12.220 - Preemptive rights of shareholders to acquire unissued shares—Articles of incorporation may limit or permit—Later acquisition.

30A.12.230 - Immunity of shareholders of bank insured by the federal deposit insurance corporation.

30A.12.240 - Violations—Director liability.