RCW 30A.49.100
Provision for successors to fiduciary positions.
Where a resulting state bank is not to exercise trust powers, the director shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging state or national banks or the converting state or national bank.
[ 1994 c 92 § 147; 1955 c 33 § 30.49.100. Prior: 1953 c 234 § 10. Formerly RCW 30.49.100.]
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
Chapter 30A.49 - Merger, Consolidation, and Conversion.
30A.49.030 - State or national bank to resulting state bank—Law applicable to nationals.
30A.49.040 - Merger to resulting state bank—Exception—Agreement, contents, approval, amendment.
30A.49.050 - Merger to resulting state bank—Stockholders' vote—Notice of meeting—Waiver of notice.
30A.49.070 - Conversion of national to state bank—Requirements—Procedure.
30A.49.090 - Rights of dissenting shareholder—Appraisal—Amount due as debt.
30A.49.100 - Provision for successors to fiduciary positions.
30A.49.110 - Assets, business—Time for conformance with state law.
30A.49.120 - Resulting state bank—Valuation of certain assets limited.