RCW 30B.44B.130
Liquidation after claims are paid.
When all proper claims of creditors, excluding shareholders, have been paid, as well as all expenses of administration and liquidation, and proper provision has been made for unclaimed or unpaid property and dividends, and assets still remain in the director's possession, the director shall furnish written notice to all shareholders of record of the state trust company, as of the date and time the director took possession of the state trust company pursuant to RCW 30B.44B.005 or 30B.44B.010, of the existence of any remaining funds according to each shareholder's proportional beneficial interest in the state trust company.
[ 2019 c 389 § 74.]
Structure Revised Code of Washington
Title 30B - Washington Trust Institutions Act
Chapter 30B.44B - State Trust Companies—Involuntary Dissolution and Liquidation.
30B.44B.005 - When director may take possession.
30B.44B.010 - Mutual consent to dissolution and liquidation.
30B.44B.040 - Director's right to take possession may be contested.
30B.44B.050 - Powers and duties of director—Prohibition against liens.
30B.44B.060 - Notice to creditors—Claims.
30B.44B.070 - Executory contract or unexpired lease—Permitted actions by director.
30B.44B.080 - Inventory—List of claims.
30B.44B.090 - Objections to approved claims.
30B.44B.100 - Temporary receiver—Prohibited except in emergency.
30B.44B.110 - Preferences prohibited—Penalty.
30B.44B.120 - Expense of liquidation—Priority for director's expenses.
30B.44B.130 - Liquidation after claims are paid.
30B.44B.140 - Disposition of unclaimed personal property.
30B.44B.150 - Disposition of unclaimed personal property—Final notice—Sale.
30B.44B.160 - Disposition of unclaimed personal property—Monetary funds.