Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.56.080 Failure to pay in excess of plan, effect

§ 30.56.080. Failure to pay in excess of plan, effect

The failure of a bank operating under such a plan to pay to a creditor at any time a sum greater than the plan then requires, shall not constitute a default nor authorize or require the director to take charge of or liquidate the bank nor entitle the creditor to maintain an action against the bank.

[1994 c 92 § 155; 1955 c 33 § 30.56.080. Prior: 1933 c 49 § 8; RRS 3293-8.]

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Last modified: April 7, 2009