Revised Code of Washington
Chapter 33.48 - Stock Associations.
33.48.320 - Waiver of chapter requirements.

RCW 33.48.320
Waiver of chapter requirements.

If, in the opinion of the director, it is necessary for any of the requirements of this chapter to be waived in order to permit an association which is in danger of failing to convert its charter from a mutual association to a stock association or from a stock association to a mutual association so that the association may be acquired by an association or a savings and loan holding company, then the director may waive any such requirement.

[ 1994 c 92 § 493; 1982 c 3 § 112.]
NOTES:

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

Structure Revised Code of Washington

Revised Code of Washington

Title 33 - Washington Savings Association Act

Chapter 33.48 - Stock Associations.

33.48.025 - Applicability of chapter 23B.06 RCW.

33.48.030 - Minimum amount of permanent stock required—Preferred or special classes of shares authorized.

33.48.040 - Stock dividends, when.

33.48.080 - Member's proprietary interest—Subordinate to claims of creditors.

33.48.090 - Dividends only if interest paid on deposits.

33.48.100 - Conversion procedure—Domestic stock to domestic mutual association.

33.48.110 - Conversion procedure—Mutual association to domestic stock association—Rules implementing section—Standard.

33.48.120 - Conversion procedure—Creation of permanent loss reserve—Disposition of reserve upon liquidation.

33.48.130 - Withdrawal of charter amendment or conversion application.

33.48.140 - Legislative intent—Chapter to control over conflicting provisions.

33.48.150 - Organizing permit—Required.

33.48.160 - Organizing permit—Application.

33.48.170 - Organizing permit—Conditions.

33.48.180 - Permit authorizing sale of stock—Applicability.

33.48.190 - Permit authorizing sale of guaranty stock—Required prior to sale of issued or outstanding stock.

33.48.200 - Permit authorizing sale of stock—Application—Contents.

33.48.210 - Permit authorizing sale of stock—Examination and investigation—Issuance or denial.

33.48.220 - Recitation in permit to take subscriptions for stock.

33.48.230 - Sales of stock—Imposition of conditions.

33.48.240 - Organizing permit—Amendment, alteration, suspension, or revocation by director—Grounds.

33.48.250 - Purchase by association of stock issued by it—Conditions.

33.48.260 - Reduction of stock—Conditions.

33.48.270 - Reduction of stock—Disposition of surplus.

33.48.280 - Paid-in or contributed surplus or surplus created by reduction of stock—Application and uses.

33.48.290 - RCW 33.48.150 through 33.48.280 inapplicable to foreign associations.

33.48.320 - Waiver of chapter requirements.