US Lawyer Database

30B.72.005 – Trust companies under former Title 30 RCW.

RCW 30B.72.005 Trust companies under former Title 30 RCW. Trust companies under Title 30 RCW, as it existed on January 5, 2015, shall automatically succeed to and be subject to all powers and authorities, rights and obligations, privileges and immunities, and discretions of a state trust company under this title. [ 2014 c 37 § […]

30B.72.010 – Preexisting approved out-of-state trust institutions.

RCW 30B.72.010 Preexisting approved out-of-state trust institutions. (1) An out-of-state trust institution that has, prior to July 28, 2019, obtained approval from the director under authority of Title 30 RCW, as it existed before January 5, 2015, or under authority of this title, as it existed prior to July 28, 2019, to engage in trust […]

30B.46.120 – Rules.

RCW 30B.46.120 Rules. The director is empowered to adopt and promulgate such rules as may be further necessary, if at all, for the implementation of this chapter and its purposes. [ 2019 c 389 § 91.]

30B.53.002 – Applicability of chapter.

RCW 30B.53.002 Applicability of chapter. This chapter applies to any merger or change of control in which a state trust company is a party. [ 2019 c 389 § 92; 2014 c 37 § 387.]

30B.53.005 – Definitions.

RCW 30B.53.005 Definitions. Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) “Acquiring person” means a person acquiring or seeking to acquire control of a state trust company, directly or indirectly. (2) “Control,” “controls,” “controlled,” and “controlling” mean: (a) The ownership of or ability or power to vote, […]

30B.53.010 – Approval by director—Required.

RCW 30B.53.010 Approval by director—Required. Upon approval by the director consistent with this chapter, merging trust companies, one of which is a state trust company, may be merged to result in a resulting trust company. [ 2019 c 389 § 96; 2014 c 37 § 389.]

30B.53.030 – Approval by shareholders—Voting—Notice.

RCW 30B.53.030 Approval by shareholders—Voting—Notice. (1) To be effective, a merger that is to result in a trust company must be approved by the shareholders of each merging trust company by a vote of two-thirds of the outstanding voting shares of each class at a meeting called to consider such action. This vote shall constitute […]