An application for a permit to sell stock shall be in writing and shall be filed in the office of the director by the association. The application shall include the following: (1) Regarding the association: (a) The names and addresses of its officers; (b) The location of its office; (c) An itemized account of its financial condition within ninety days of the filing date; and (d) A copy of all minutes of any proceedings of its directors, shareholders, or stockholders relating to or affecting the issue of such stock; (2) Regarding the offering: (a) The names and addresses of the selling stockholders and of the officers of any selling corporation and the partners of any selling partnership; (b) A copy of any contract concerning the sale of the stock; (c) A copy of a prospectus or advertisement or other description of the stock prepared for distribution or publication in accordance with requirements prescribed by the director; (d) A brief description of the method by which the stock is to be offered for sale including the offering price and the underwriting commissions and expense, if any; and (3) Such additional information as the director may require.
‹ Prev All Washington sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.