32.40.010 – Examinations—Investigation and assessment of performance record in meeting community credit needs.
RCW 32.40.010 Examinations—Investigation and assessment of performance record in meeting community credit needs. (1) In conducting an examination of a savings bank chartered under Title 32 RCW, the director shall investigate and assess the record of performance of the savings bank in meeting the credit needs of the savings bank’s entire community, including low and […]
32.40.020 – Approval and disapproval of applications—Consideration of performance record in meeting community credit needs.
RCW 32.40.020 Approval and disapproval of applications—Consideration of performance record in meeting community credit needs. Whenever the director must approve or disapprove of an application for a new branch or satellite facility; for a purchase of assets, a merger, an acquisition or a conversion not required for solvency reasons; or for authority to engage in […]
32.40.030 – Adoption of rules.
RCW 32.40.030 Adoption of rules. The director shall adopt all rules necessary to implement RCW 32.40.010 and 32.40.020 by January 1, 1986. [ 1994 c 92 § 412; 1985 c 329 § 10.] NOTES: Legislative intent—1985 c 329: See note following RCW 30A.60.010.
32.40.901 – Effective date—1985 c 329.
RCW 32.40.901 Effective date—1985 c 329. See RCW 30A.60.901.
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 […]
32.34.020 – Conversion of federal savings bank, national bank, or state commercial bank to domestic savings bank.
RCW 32.34.020 Conversion of federal savings bank, national bank, or state commercial bank to domestic savings bank. (1) A federal savings bank, the home office of which is located in this state, a national bank, the head office of which is located in this state, or a state commercial bank incorporated under *chapter 30.08 RCW […]
32.34.025 – Conversion of stock savings bank to savings bank without capital stock.
RCW 32.34.025 Conversion of stock savings bank to savings bank without capital stock. (1) The conversion of a stock savings bank to a savings bank without capital stock requires the affirmative vote or written consent of two-thirds of the directors of the savings bank and requires the affirmative vote of two-thirds of the outstanding stock […]
32.34.030 – Savings banks converted to stock form—Voluntary liquidation, transfer of assets, merger, consolidation, etc.—Approval of directors and shareholders.
RCW 32.34.030 Savings banks converted to stock form—Voluntary liquidation, transfer of assets, merger, consolidation, etc.—Approval of directors and shareholders. (1) The voluntary liquidation of a mutual savings bank converted to the stock form requires the affirmative vote or written consent of two-thirds of the directors of the converted savings bank, requires the affirmative vote of […]
32.34.040 – Savings bank holding companies—Savings bank subsidiaries.
RCW 32.34.040 Savings bank holding companies—Savings bank subsidiaries. (1) No savings bank having capital stock may establish a holding company to own all its stock without the approval of the director. Upon tender of their shares of the converted savings bank, the shareholders of the savings bank shall receive all the shares of the holding […]
32.34.050 – Business trusts for the benefit of depositors.
RCW 32.34.050 Business trusts for the benefit of depositors. A savings bank not having capital stock may establish a business trust for the benefit of its depositors, with the approval of the director and subject to such rules as the director may adopt. The director may permit this business trust to become a mutual holding […]