RCW 33.46.090
Assets, liabilities, etc., vested in association upon conversion.
Upon a conversion being consummated all assets, rights and properties of the bank shall vest in and be the property of the association and all liabilities, debts, and obligations of the bank shall be the liabilities, debts, and obligations of the association and any right can be enforced by or against the association the same as it could have been enforced by or against the bank if the conversion had not occurred.
[ 1975 1st ex.s. c 83 § 9.]
Structure Revised Code of Washington
Title 33 - Washington Savings Association Act
Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.
33.46.020 - Conversion of bank to association—Procedure.
33.46.030 - Cash contributions to expense fund if becoming domestic mutual association.
33.46.040 - Appeal from denial of application.
33.46.050 - Certificate of reincorporation—Required—Filing—Contents.
33.46.060 - Issuance of authorization certificate—Filing—Completion of conversion—Effect.
33.46.070 - Depositor's interest upon conversion.
33.46.080 - Transfer of securities—Conformance to state association laws, when.
33.46.090 - Assets, liabilities, etc., vested in association upon conversion.
33.46.100 - Initial meeting of shareholders of domestic association—Notice—Proxy voting.