Washington § 32.32.300 - Underwriting commissions.

Full text of Washington Revised Code of Washington § 32.32.300 — Underwriting commissions., with citation guidance and answers to common questions.

§ 32.32.300. Underwriting commissions.

Underwriting commissions shall not exceed an amount or percentage per share acceptable to the director. No underwriting commission may be allowed or paid with respect to shares of capital stock sold in the subscription offering; however, an underwriter may be reimbursed for accountable expenses in connection with the subscription offering where the public offering is so small that reasonable underwriting commissions thereon would not be sufficient to cover total accountable expenses. The term "underwriting commissions" includes underwriting discounts.
[ 1994 c 92 s 378; 1981 c 85 s 59.]

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Frequently Asked Questions About Washington § 32.32.300

What does Revised Code of Washington § 32.32.300 cover?

Section 32.32.300 ("Underwriting commissions.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 32.32.300?

A common citation format is "Revised Code of Washington § 32.32.300" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 32.32.300 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.