§ 30.04.400. Bank acquisition or control -- Definitions
As used in RCW 30.04.400 through 30.04.410, the following words shall have the following meanings:
(1) "Control" means directly or indirectly alone or in concert with others to own, control, or hold the power to vote twenty-five percent or more of the outstanding stock or voting power of the "controlled" entity;
(2) "Acquiring party" means the person acquiring control of a bank through the purchase of stock; and
(3) "Person" means any individual, corporation, partnership, association, business trust, or other organization.
[1977 ex.s. c 246 § 1.]
Sections: Previous 30.04.300 30.04.310 30.04.330 30.04.375 30.04.380 30.04.390 30.04.395 30.04.400 30.04.405 30.04.410 30.04.450 30.04.455 30.04.460 30.04.465 30.04.470 NextLast modified: April 7, 2009