RCW 32.50.060
Suit filed after savings bank in conservatorship.
Any suit filed against a savings bank, or its conservator, after the entrance of an order by the director placing such savings bank in conservatorship and while such order is in effect, shall be brought in the superior court of the county of its principal place of business and not elsewhere. The conservator appointed for such savings bank may file suit in the superior court of the county of its principal place of business or other court of competent jurisdiction against any person for the purpose of preserving, protecting, or recovering any asset or property of such savings bank, including claims or causes of action belonging to or which may be asserted by such savings bank.
[ 2010 c 88 § 71.]
Structure Revised Code of Washington
Title 32 - Washington Savings Bank Act
Chapter 32.50 - Supervisory Direction by the Director of Financial Institutions.
32.50.010 - Determination of unsafe condition—Notice—List of director's requirements—Conservator.
32.50.020 - Director may appoint representative—Restrictions placed on savings bank.
32.50.040 - Costs of supervisory direction and conservatorship.
32.50.050 - Request for review of actions taken by representative or conservator.
32.50.060 - Suit filed after savings bank in conservatorship.
32.50.070 - Duration of conservatorship.
32.50.080 - Authority of director to act—Administrative discretion.