No converted savings bank may repurchase any of its capital stock from any person unless the repurchase is approved by the director either in advance or at the time of repurchase.[ 1994 c 92 s 362; 1985 c 56 s 21; 1981 c 85 s 41.]
Converted savings bank prohibited from repurchasing its stock without approval.
RCW 32.32.210 — under Chapter 32.32 Conversion of mutual savings bank to capital stock savings bank..
RCW 32.32.210