Washington § 33.48.260 - Reduction of stock — Conditions.

Full text of Washington Revised Code of Washington § 33.48.260 — Reduction of stock — Conditions., with citation guidance and answers to common questions.

§ 33.48.260. Reduction of stock — Conditions.

With the prior consent of the director, the stock of an association may be reduced by resolution of the board of directors approved by the vote or written consent of the holders of a majority in amount of the outstanding stock of the association to such amount as the director approves.
[ 1994 c 92 s 491; 1982 c 3 s 108; 1973 c 130 s 16.]

Notes

Severability—1982 c 3: See note following RCW 33.04.002.
Severability—1973 c 130: See note following RCW 33.24.350.

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

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Frequently Asked Questions About Washington § 33.48.260

What does Revised Code of Washington § 33.48.260 cover?

Section 33.48.260 ("Reduction of stock — Conditions.") 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 § 33.48.260?

A common citation format is "Revised Code of Washington § 33.48.260" (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 § 33.48.260 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

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