Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.44.040 Notice of taking possession

§ 30.44.040. Notice of taking possession

Upon taking possession of any bank or trust company, the director shall forthwith give written notice thereof to all persons having possession of any assets of such corporation. No person knowing of the taking of such possession by the director shall have a lien or charge for any payment thereafter advanced or clearance thereafter made or liability thereafter incurred against any of the assets of such corporation.

[1994 c 92 § 110; 1955 c 33 § 30.44.040. Prior: 1917 c 80 § 61; 1915 c 98 § 2; RRS § 3268.]

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Last modified: April 7, 2009