RCW 33.40.075
Investment of liquidation funds—Use of income.
All funds received by the director from liquidations may be invested by the director. The earnings from the moneys so held may be applied toward defraying the expenses incurred in the liquidations.
[ 1994 c 92 § 460; 1982 c 3 § 70; 1951 c 105 § 1.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Structure Revised Code of Washington
Title 33 - Washington Savings Association Act
Chapter 33.40 - Insolvency, Liquidation, Merger.
33.40.010 - Voluntary liquidation, merger, etc., authorized—Procedure.
33.40.020 - Director may take possession of domestic association on notice for delinquency.
33.40.030 - Possession without notice.
33.40.040 - Procedure on taking possession.
33.40.050 - Involuntary liquidation—Procedure—Federal insurance corporation as liquidator.
33.40.060 - Procedure to be as in receivership.
33.40.070 - Liquidator's powers.
33.40.075 - Investment of liquidation funds—Use of income.
33.40.080 - Disposition of records.
33.40.110 - Voluntary liquidation—Disposition of unclaimed dividends and records.
33.40.120 - Removal of liquidator—Appellate review.
33.40.130 - Payment of deposits accepted during economic emergency, preference.
33.40.150 - Appointment of provisional officers and directors.