RCW 30A.44.170
Voluntary liquidation—Notice to creditors.
Any bank may, upon receipt of written permission from the director, go into voluntary liquidation by a vote of its stockholders owning two-thirds of its capital stock. When such liquidation is authorized, the directors of such corporation shall publish in a newspaper published in the place where such corporation is located, once a week for four consecutive weeks, a notice requiring creditors of such corporation to present their claims against it for payment.
[ 2014 c 37 § 233; 1994 c 92 § 121; 1955 c 33 § 30.44.170. Prior: 1917 c 80 § 74; RRS § 3281. Formerly RCW 30.44.170.]
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
Chapter 30A.44 - Insolvency and Liquidation.
30A.44.020 - Director may order levy of assessment.
30A.44.030 - Director's right to take possession may be contested.
30A.44.040 - Notice of taking possession.
30A.44.050 - Powers and duties of director.
30A.44.060 - Notice to creditors—Claims.
30A.44.070 - Inventory—List of claims.
30A.44.080 - Objections to approved claims.
30A.44.100 - Receiver prohibited except in emergency.
30A.44.110 - Preferences prohibited—Penalty.
30A.44.120 - Receiving deposits when insolvent—Penalty.
30A.44.130 - Expense of liquidation.
30A.44.140 - Liquidation after claims are paid.
30A.44.150 - Unclaimed dividends—Disposition.
30A.44.160 - Voluntary closing—Possession of the director—Notice.
30A.44.170 - Voluntary liquidation—Notice to creditors.
30A.44.180 - Unclaimed dividends on voluntary liquidation.
30A.44.190 - Disposition of unclaimed personal property.
30A.44.200 - Duty of director—Notice to owner.
30A.44.210 - Final notice after two years—Sale.
30A.44.220 - Disposition of proceeds—Escheat.
30A.44.230 - Procedure as to papers, documents, etc.
30A.44.240 - Transfer of assets and liabilities to another bank.