Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.49.010 Definitions

§ 30.49.010. Definitions

As used in this chapter:

"Merging bank" means a party to a merger;

"Converting bank" means a bank converting from a state to a national bank, or the reverse;

"Merger" includes consolidation;

"Resulting bank" means the bank resulting from a merger or conversion.

Wherever reference is made to a vote of stockholders or a vote of classes of stockholders it shall mean only a vote of those entitled to vote under the terms of such shares.

[1986 c 279 § 43; 1955 c 33 § 30.49.010. Prior: 1953 c 234 § 1.]

Sections:  30.49.010  30.49.020  30.49.030  30.49.040  30.49.050  30.49.060  30.49.070  30.49.080  30.49.090  30.49.100  30.49.110  30.49.120  30.49.125  30.49.130  Next

Last modified: April 7, 2009