32.50.040 – Costs of supervisory direction and conservatorship.
RCW 32.50.040 Costs of supervisory direction and conservatorship. All costs incident to supervisory direction and the conservatorship shall be fixed and determined by the director and shall be a charge against the assets of the savings bank to be allowed and paid as the director may determine. [ 2010 c 88 § 69.]
32.50.050 – Request for review of actions taken by representative or conservator.
RCW 32.50.050 Request for review of actions taken by representative or conservator. During the period of the supervisory direction and during the period of conservatorship, the savings bank may request the director to review an action taken or proposed to be taken by the representative or conservator; specifying wherein the action complained of is believed […]
32.50.060 – Suit filed after savings bank in conservatorship.
RCW 32.50.060 Suit filed after savings bank in conservatorship. Any suit filed against a savings bank, or its conservator, after the entrance of an order by the director placing such savings bank in conservatorship and while such order is in effect, shall be brought in the superior court of the county of its principal place […]
32.50.070 – Duration of conservatorship.
RCW 32.50.070 Duration of conservatorship. The conservator shall serve for such time as is necessary to accomplish the purposes of the conservatorship as intended by this chapter. If rehabilitated, the rehabilitated savings bank shall be returned to management or new managements under such conditions as are reasonable and necessary to prevent recurrence of the condition […]
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 […]
32.35.070 – 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 […]
32.35.090 – Shares—Certificates not required.
RCW 32.35.090 Shares—Certificates not required. (1) Shares of a stock savings bank may, but need not be, represented by certificates. Unless this title expressly provides otherwise, the rights and obligations of shareholders are identical whether or not their shares are represented by certificates. At a minimum, each share certificate must state the information required to […]
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 […]