RCW 33.40.150
Appointment of provisional officers and directors.
(1) The director of financial institutions, after exercising the authority granted in RCW 33.16.040, may appoint provisional officers and directors, in whole or in part, of an association.
(2) Notice of the appointment shall be served upon the association, and the appointment shall take effect immediately and shall remain in effect until a successor is chosen in accordance with the association's bylaws.
[ 1994 c 92 § 465; 1985 c 239 § 2.]
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.