Washington § 33.08.030 - Domestic association as stock or mutual association — Articles of incorporation.

Full text of Washington Revised Code of Washington § 33.08.030 — Domestic association as stock or mutual association — Articles of incorporation., with citation guidance and answers to common questions.

§ 33.08.030. Domestic association as stock or mutual association — Articles of incorporation.

A domestic association shall be incorporated either as a stock or a mutual association. The articles of incorporation shall specifically state:
(1) The name of the association, which shall include the words:
(a) "Savings association";
(b) "Savings and loan association"; or
(c) "Savings bank";
(2) The city or town and county in which it is to have its principal place of business;
(3) The name, occupation, and place of residence of all incorporators, the majority of whom shall be Washington residents;
(4) Its purposes;
(5) Its duration, which may be for a stated number of years or perpetual;
(6) The amount of paid-in savings with which the association will commence business;
(7) The names, occupations, and addresses of the first directors;
(8) Whether the association is organized as a stock or mutual association and who has membership rights and the relative rights of different classes of members of the association; and
(9) Any provision the incorporators elect to so set forth which is permitted by RCW 23B.17.030.
The articles of incorporation may contain any other provisions consistent with the laws of this state and the provisions of this title pertaining to the association's business or the conduct of its affairs.
[ 1994 c 256 s 117; 1983 c 42 s 1; 1982 c 3 s 14; 1949 c 20 s 1; 1945 c 235 s 4; Rem. Supp. 1949 s 3717-123. Prior: 1933 c 183 s 4; 1925 ex.s. c 144 s 1; 1919 c 169 s 5; 1913 c 110 ss 1, 6; 1903 c 116 s 1; 1890 p 56 s 1.]

Notes

Findings—Construction—1994 c 256: See RCW 43.320.007.
Severability—1982 c 3: See note following RCW 33.04.002.

Source: official Washington text · Last verified 2026-08-27

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What does Revised Code of Washington § 33.08.030 cover?

Section 33.08.030 ("Domestic association as stock or mutual association — Articles of incorporation.") 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.

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