The authorized but unissued shares shall not become a part of the capital stock until they have been issued and paid for.
RCW 30A.08.088
Authorized but unissued shares of capital stock—When shares become part of capital stock.
1994 c 256 s 46; 1994 c 92 s 53; 1986 c 279 s 27; 1979 c 106 s 2; 1965 c 140 s 2
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.