RCW 30B.46.070
Costs as charge against assets.
(1) All costs incident to supervisory direction and the conservatorship shall be fixed and determined by the director and shall be a charge against the assets of the state trust company to be allowed and paid as the director may determine.
(2) A member of the board of directors of a state trust company or, in the case of a limited liability trust company, a managing participant, may, pursuant to notice and adjudication under chapter 30B.10 RCW, be found liable for such costs incurred that have not been recouped by the director out of the assets of the state trust company.
[ 2019 c 389 § 86.]
Structure Revised Code of Washington
Title 30B - Washington Trust Institutions Act
Chapter 30B.46 - State Trust Companies—Supervisory Direction and Conservatorship.
30B.46.020 - Scope of chapter—Corrective action measures.
30B.46.030 - Supervisory directive.
30B.46.040 - Supervisory directive or corrective action order—Appointment of representative.
30B.46.060 - Supervisory directive or corrective action order—Conservator.
30B.46.070 - Costs as charge against assets.
30B.46.080 - Request for review of action—Stay of action—Orders subject to review.
30B.46.090 - Suit against state trust company or conservator—Where brought—Suit by conservator.
30B.46.100 - Duration of conservator's term—Rehabilitated state trust company—Management.
30B.46.110 - Plenary authority of director—Flexibility in use of remedies.