Washington Code 32.32.440 – Certain agreement to transfer and transfers of ownership in rights or securities prohibited
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Prior to completion of a conversion, no person may transfer or enter into any agreement or understanding to transfer the legal or beneficial ownership of conversion subscription rights, or the underlying securities, to the account of another.
[ 1981 c 85 § 87.]
Terms Used In Washington Code 32.32.440
- person: means an individual, a corporation, a partnership, an association, a joint-stock company, a trust, any unincorporated organization, or a government or political subdivision thereof. See Washington Code 32.32.025