RCW 30A.44.250
Reopening.
Whenever the director has taken possession of a bank for any cause, he or she may wind up such corporation and cancel its certificate of authority, unless enjoined from so doing, as herein provided. Or if at any time within ninety days after taking possession, he or she shall determine that all impairment and delinquencies have been made good, and that it is safe and expedient for such corporation to reopen, he or she may permit such corporation to reopen upon such terms and conditions as he or she shall prescribe. Before being permitted to reopen, every such corporation shall pay all of the expenses of the director, as herein elsewhere defined.
[ 2014 c 37 § 241; 1994 c 92 § 129; 1955 c 33 § 30.44.250. Prior: 1917 c 80 § 73; RRS § 3280. Formerly RCW 30.44.250.]
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.