Washington § 81.04.280 - Purchase and sale of stock by employees.

Full text of Washington Revised Code of Washington § 81.04.280 — Purchase and sale of stock by employees., with citation guidance and answers to common questions.

§ 81.04.280. Purchase and sale of stock by employees.

A public service company subject to regulation by the commission as to rates and service shall not: (1) Permit any employee to sell, offer for sale, or solicit the purchase of any security of any other person or corporation during such hours as such employee is engaged to perform any duty of such public service company; (2) by any means or device, require any employee to purchase or contract to purchase any of its securities or those of any other person or corporation; or (3) require any employee to permit the deduction from his or her wages or salary of any sum as a payment or to be applied as a payment of any purchase or contract to purchase any security of such public service company or of any other person or corporation.
[ 2013 c 23 s 289; 2007 c 234 s 13; 1961 c 14 s 81.04.280. Prior: 1933 c 165 s 9; RRS s 10458-3.]

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

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Frequently Asked Questions About Washington § 81.04.280

What does Revised Code of Washington § 81.04.280 cover?

Section 81.04.280 ("Purchase and sale of stock by employees.") 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 § 81.04.280?

A common citation format is "Revised Code of Washington § 81.04.280" (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 § 81.04.280 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.