33.48.200 - Permit authorizing sale of stock -- Application -- Contents. - Washington Statutes

Permit authorizing sale of stock — Application — Contents.

An application for a permit to sell stock shall be in writing and shall be filed in the office of the director by the association.

     The application shall include the following:

     (1) Regarding the association:

     (a) The names and addresses of its officers;

     (b) The location of its office;

     (c) An itemized account of its financial condition within ninety days of the filing date; and

     (d) A copy of all minutes of any proceedings of its directors, shareholders, or stockholders relating to or affecting the issue of such stock;

     (2) Regarding the offering:

     (a) The names and addresses of the selling stockholders and of the officers of any selling corporation and the partners of any selling partnership;

     (b) A copy of any contract concerning the sale of the stock;

     (c) A copy of a prospectus or advertisement or other description of the stock prepared for distribution or publication in accordance with requirements prescribed by the director;

     (d) A brief description of the method by which the stock is to be offered for sale including the offering price and the underwriting commissions and expense, if any; and

     (3) Such additional information as the director may require.

[1994 c 92 § 486; 1982 c 3 § 102; 1973 c 130 § 10.]

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

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