Washington Code 32.32.165 – Stock option plan permitted — Reserved shares
Current as of: 2023 | Check for updates
|
Other versions
A stock option plan may be adopted by the board of directors at the meeting at which the plan of conversion is voted upon. The number of shares reserved for the stock option plans should be limited to ten percent of the number of shares sold in the conversion.
[ 1981 c 85 § 32.]
