Increase or decrease of capital stock authorized.

RCW 30A.08.092
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A bank may increase or decrease its capital stock by amendment to its articles of incorporation. No issuance of capital stock shall be valid, until the amount thereof shall have been actually paid in. No reduction of the capital stock shall be made to an amount less than is required for capital by the director. A bank may increase or decrease its capital stock by amendment to its articles of incorporation. No issuance of capital stock shall be valid, until the amount thereof shall have been actually paid in. No reduction of the capital stock shall be made to an amount less than is required for capital by the director.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=30A.08&full=trueFetched: 6/29/2026

Starting a business in Washington? Washington LLC guide: costs and requirements