RCW 30B.44A.010
Corporate procedure.
(1) Shareholder action to liquidate a state trust company shall be taken at a meeting of the shareholders duly called and noticed as provided for in Title 23B RCW, if the state trust company is a corporation, and as provided in chapter 25.15 RCW, if the state trust company is a limited liability company.
(2) If the shareholders shall, by the required vote, elect to liquidate the state trust company, a copy of all proceedings of the meeting at which such action shall have been taken, verified by the oath of the president or manager and the secretary, shall be transmitted to the director for approval.
[ 2019 c 389 § 56; 2014 c 37 § 377.]
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.