Revised Code of Washington

Wash. Rev. Code § 33.48.180 (2026)

✓ current as of May 2026

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No association shall sell, take subscriptions for, or issue any stock until the association applies for and secures from the director a permit authorizing it to sell stock.

This section does not apply to an offering involving less than five hundred thousand dollars nor to an offering made under a registration statement filed under the federal securities act of 1933 (48 Stat. 74; 15 U.S.C. Sec. 77a).

[ 1994 c 92 s 484; 1982 c 3 s 101; 1973 c 130 s 5.]

Notes:

Severability—1982 c 3: See note following RCW 33.04.002.

Severability—1973 c 130: See note following RCW 33.24.350.

Notes of Decisions

Cited in 2 cases, 2000–2000 · leading case: Manufactured Hous. Communities v. State, 13 P.3d 183 (Wash. 2000).

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Manufactured Hous. Communities v. State, 13 P.3d 183 (Wash. 2000). “49.075 (unlawful to sell uninspected meat); RCW 16.”

Manufactured Hous. Communities v. State, 13 P.3d 183 (Wash. 2000). “350 (horse carcasses may not be sold unless properly labeled); RCW 32.”

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