{"data":{"id":"us-wa/rcw-33.48.030","jurisdiction":"us-wa","citation":"RCW 33.48.030","heading":"Minimum amount of permanent stock required—Preferred or special classes of shares authorized.","body":"Stock associations shall have permanent stock which may be issued with or without par value but with a statement of value of nonpar stock in accordance with Title 23B RCW. The minimum amount of such stock shall be twenty-five thousand dollars in the case of associations outside of incorporated cities, or in cities of less than twenty-five thousand population. Associations located in cities of greater population shall have as a minimum, fifty thousand dollars of such stock. The board of such association is authorized and directed to issue and maintain the stock in the following percentages: Three percent upon the first five million dollars; two percent upon the next three million dollars, and one percent upon all additional withdrawable savings: PROVIDED, That associations whose savings are insured by the Federal Savings and Loan Insurance Corporation shall not be required to maintain stock in excess of three hundred thousand dollars. A stock association may issue preferred or special classes of shares as provided in chapter 23B.06 RCW.","path":["Title 33","Chapter 33.48"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=33.48.030","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T02:06:43Z","sha256":"0f27383bfd5eb99a88b25f33a8c014d3d4c9baa90cd9de7fc315bc5eb656ea05","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-33.48.025","next":"us-wa/rcw-33.48.040"},"notice":"GroundRules: Original legal text. Not legal advice."}