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    • Legislation USA
    • Revised Code of Washington
    • Title 30B - Washington Trust Institutions Act
    • Chapter 30B.53 - State Trust Companies—Merger, Consolidation, and Conversion.
    • 30B.53.010 - Approval by director—Required.

    Revised Code of Washington
    Chapter 30B.53 - State Trust Companies—Merger, Consolidation, and Conversion.
    30B.53.010 - Approval by director—Required.

    RCW 30B.53.010
    Approval by director—Required.

    Upon approval by the director consistent with this chapter, merging trust companies, one of which is a state trust company, may be merged to result in a resulting trust company.

    [ 2019 c 389 § 96; 2014 c 37 § 389.]

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    Structure Revised Code of Washington

    Revised Code of Washington

    Title 30B - Washington Trust Institutions Act

    Chapter 30B.53 - State Trust Companies—Merger, Consolidation, and Conversion.

    30B.53.002 - Applicability of chapter.

    30B.53.005 - Definitions.

    30B.53.010 - Approval by director—Required.

    30B.53.020 - Contents of merger agreement—Approval by each board of directors—Requirements for director's approval.

    30B.53.030 - Approval by shareholders—Voting—Notice.

    30B.53.040 - Effective date of merger—Certificate of merger.

    30B.53.050 - Resulting trust company—Property, rights, powers, and duties.

    30B.53.060 - Dissenting shareholders—May receive value in cash—Appraisal.

    30B.53.070 - Valuation of assets—Books of merging trust company.

    30B.53.080 - Sale of assets.

    30B.53.090 - Acquisition of control of state trust company—Notice and application—Registration statement—Violations—Penalties.

    30B.53.100 - Acquisition of control of state trust company—Disapproval by director—Change of officers.

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