RCW 32.16.095
Removal of one or more trustees or directors—Lack of quorum—Temporary trustees.
If at any time because of the removal of one or more trustees or directors under this chapter there shall be on the board of trustees or board of directors of a savings bank less than a quorum of trustees or directors, all powers and functions vested in, or exercisable by the board shall vest in, and be exercisable by the trustee or trustees or director or directors remaining, until such time as there is a quorum on the board of trustees or board of directors. If all of the trustees or directors of a savings bank are removed under this chapter, the director shall appoint persons to serve temporarily as trustees or directors until such time as their respective successors take office.
[ 2010 c 88 § 54; 1994 c 92 § 333; 1979 c 46 § 9.]
NOTES:
Effective date—2010 c 88: See RCW 32.50.900.
Severability—1979 c 46: See note following RCW 32.04.250.
Structure Revised Code of Washington
Title 32 - Washington Savings Bank Act
Chapter 32.16 - Officers and Employees.
32.16.010 - Board of trustees—Number—Qualifications.
32.16.030 - Vacancies, when to be filled.
32.16.050 - Compensation of trustees.
32.16.060 - Change in number of trustees.
32.16.070 - Restrictions on trustees.
32.16.080 - Removal of trustees—Vacancies—Eligibility to reelection.
32.16.0901 - Written notice of charges under RCW 32.16.090.
32.16.095 - Removal of one or more trustees or directors—Lack of quorum—Temporary trustees.
32.16.097 - Penalty for violation of order issued under RCW 32.16.093.