RCW 30B.44A.005
Required vote of shareholders.
A state trust company may go into voluntary liquidation and be closed, and may surrender its certificate of authority and franchise as a corporation or limited liability company of Washington state by the affirmative votes of its shareholders owning two-thirds of its shares.
[ 2019 c 389 § 55; 2014 c 37 § 376.]
Structure Revised Code of Washington
Title 30B - Washington Trust Institutions Act
Chapter 30B.44A - State Trust Companies—Voluntary Dissolution and Liquidation.
30B.44A.005 - Required vote of shareholders.
30B.44A.010 - Corporate procedure.
30B.44A.020 - Authority to liquidate—Notice.
30B.44A.030 - Examination and reports.
30B.44A.040 - Unclaimed property and moneys.
30B.44A.050 - Sale and transfer of property—Conditions for sale without shareholder approval.
30B.44A.060 - Procedures for voluntary liquidation.
30B.44A.080 - Cancellation of state trust company's certificate of authority.