RCW 30A.49.110
Assets, business—Time for conformance with state law.
If a merging or converting state or national bank has assets which do not conform to the requirements of state law for the resulting state bank or carries on business activities which are not permitted for the resulting state bank, the director may permit a reasonable time to conform with state law.
[ 1994 c 92 § 148; 1955 c 33 § 30.49.110. Prior: 1953 c 234 § 11. Formerly RCW 30.49.110.]
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.