RCW 33.44.080
Depositor's interest upon conversion.
Upon the conversion of any association into a savings bank or commercial bank, every person who was a depositor of the association at the time of the conversion shall become and be deemed to be a depositor of the bank in a sum equal to the value of the deposit of the depositor as of the day on which the conversion was consummated.
[ 1982 c 3 § 76; 1927 c 177 § 2; 1917 c 154 § 2; RRS § 3755.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Structure Revised Code of Washington
Title 33 - Washington Savings Association Act
Chapter 33.44 - Conversion to Mutual Savings Bank.
33.44.020 - Conversion to a savings bank or commercial bank—Procedure.
33.44.080 - Depositor's interest upon conversion.
33.44.090 - Transfer of securities upon conversion.