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14 chapters · 295 sections in this title.
RCW 32.24.010 Liquidation of solvent bank.
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If the trustees of any solvent mutual savings bank deem it necessary or expedient to close the business of such bank, they may, by affirmative vote of not less than two-thirds of the whole number of trustees, at a meeting called for that purpose, of which one month's notice has b…
RCW 32.24.020 Procedure to liquidate and dissolve.
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When the trustees, acting under the provisions of RCW 32.24.010, have paid the sums due respectively to all creditors and depositors, who, after such notice as the director shall prescribe, claim the money due and their deposits, the trustees shall make a transcript or statement …
RCW 32.24.030 Transfer of assets and liabilities to another bank.
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An unconverted mutual savings bank may for the purpose of consolidation, acquisition, pooling of assets, merger, or voluntary liquidation arrange for its assets and liabilities to become assets and liabilities of another mutual savings bank, by the affirmative vote or with the wr…
RCW 32.24.040 Notice to correct unsafe conditions—Possession may be taken under specified circumstances.
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(1) Under the circumstances set forth in subsection (2) of this section, the director may give to a savings bank notice of unsafe condition of the savings bank; and if the savings bank fails to comply with the terms of such notice within thirty days from the date of its issuance,…
