32.50.080 – Authority of director to act—Administrative discretion.
RCW 32.50.080 Authority of director to act—Administrative discretion. If the director determines to act under authority of this chapter, the sequence of his or her acts and proceedings shall be as set forth in this chapter. However, it is the purpose and substance of this chapter to authorize administrative discretion, to allow the director administrative […]
32.50.900 – Effective date—2010 c 88.
RCW 32.50.900 Effective date—2010 c 88. This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [March 17, 2010]. [ 2010 c 88 § 76.]
32.50.005 – Definitions.
RCW 32.50.005 Definitions. The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) “Unsafe condition” means and includes, but is not limited to, any one or more of the following circumstances: (a) If a savings bank is less than well-capitalized; (b) If a savings bank or holding company violates […]
32.50.010 – Determination of unsafe condition—Notice—List of director’s requirements—Conservator.
RCW 32.50.010 Determination of unsafe condition—Notice—List of director’s requirements—Conservator. If upon examination or at any other time it appears to the director that any savings bank is in an unsafe condition and its condition is such as to render the continuance thereof hazardous to the public or to its depositors or trust beneficiaries and creditors, […]
32.50.020 – Director may appoint representative—Restrictions placed on savings bank.
RCW 32.50.020 Director may appoint representative—Restrictions placed on savings bank. During the period of supervisory direction the director may appoint a representative to supervise such savings bank and may provide that the savings bank may not do any of the following during the period of supervisory direction, without the prior approval of the director or […]
32.35.050 – Approved articles to be filed and recorded—Organization complete.
RCW 32.35.050 Approved articles to be filed and recorded—Organization complete. In case of approval the director shall immediately give notice to the proposed incorporators and file one of the copies of the articles of incorporation in his or her own office, and shall transmit another copy to the secretary of state, and the last to […]
32.35.055 – Amending articles—Filing with director—Contents.
RCW 32.35.055 Amending articles—Filing with director—Contents. A stock savings bank amending its articles of incorporation shall deliver articles of amendment to the director for filing as required for articles of incorporation. The articles of amendment shall set forth: (1) The name of the stock savings bank; (2) The text of each amendment adopted; (3) The […]
32.35.060 – Certificate of authority—Issuance—Contents.
RCW 32.35.060 Certificate of authority—Issuance—Contents. Before any stock savings bank is authorized to do business, and within ninety days after approval of the articles of incorporation or such other time as the director may allow, it shall furnish proof satisfactory to the director that such corporation has a paid-in capital in the amount determined by […]
32.35.070 – Failure to commence business—Effect—Extension of time.
RCW 32.35.070 Failure to commence business—Effect—Extension of time. Every corporation authorized by the laws of this state to do business as a stock savings bank, which corporation shall have failed to organize and commence business within six months after certificate of authority to commence business has been issued by the director, shall forfeit its rights […]
32.35.080 – Extension of existence—Application—Investigation—Certificate—Appeal—Winding up for failure to continue existence.
RCW 32.35.080 Extension of existence—Application—Investigation—Certificate—Appeal—Winding up for failure to continue existence. At any time not less than one year prior to the expiration of the time of the existence of any mutual savings bank or stock savings bank, it may by written application to the director, signed and verified by a majority of its directors […]