SEC No-Action Letter: Skagit State Bancorp, Inc.

"Based on the facts presented, the Division will not object if Skagit stops filing periodic and current reports under the Exchange Act after: (1) Skagit has filed a Form 15 to suspend its reporting obligation under Section 15(d) of the Exchange Act; and (2) 90 days lapse after the filing of the Form 15 to terminate the registration of its common stock under Section 12(g)."

View letter in full here (links externally to SEC website).