§ 30.49.120. Resulting state bank -- Valuation of certain assets limited
Without approval by the director no asset shall be carried on the books of the resulting state bank at a valuation higher than that on the books of the merging or converting state or national bank at the time of its last examination by a state examiner or national bank examiner before the effective date of the merger or conversion.
[1994 c 92 § 149; 1955 c 33 § 30.49.120. Prior: 1953 c 234 § 12.]
Sections: Previous 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 NextLast modified: April 7, 2009