{"data":{"id":"us-wa/rcw-32.32.120","jurisdiction":"us-wa","citation":"RCW 32.32.120","heading":"Registration of securities—Marketing of securities—Listing of shares on securities exchange or NASDAQ quotation system.","body":"A converted savings bank or holding company formed under chapter 32.34 RCW shall:\n(1) Promptly following its conversion register the securities issued in connection therewith pursuant to the Securities and Exchange Act of 1934 and undertake not to deregister the securities for a period of three years thereafter;\n(2) Use its best efforts to encourage and assist a market maker to establish and maintain a market for the securities issued in connection with the conversion; and\n(3) Use its best efforts to list those shares issued in connection with the conversion on a national or regional securities exchange or on the NASDAQ quotation system.","path":["Title 32","Chapter 32.32"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=32.32.120","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T02:05:01Z","sha256":"a342954d170fd358b74cc32e10a6cd347d7391a85720f17c68f1d33efbb2810a","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-32.32.115","next":"us-wa/rcw-32.32.125"},"notice":"GroundRules: Original legal text. Not legal advice."}
