Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Chapter 30.49 Merger, Consolidation, And Conversion

  • 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 ...
  • 30.49.020 State bank to resulting national bank -- Laws applicable -- Vote required -- Termination of franchise
    This section is applicable where there is to be a resulting national bank. Nothing in the law of this state shall restrict the right of ...
  • 30.49.030 State or national bank to resulting state bank -- Law applicable to nationals
    This section is applicable where there is to be a resulting state bank. Upon approval by the director, state or national banks may be merged ...
  • 30.49.040 Merger to resulting state bank -- Exception -- Agreement, contents, approval, amendment
    This section is applicable where there is to be a resulting state bank, except in the case of reorganization and exchange as authorized by this ...
  • 30.49.050 Merger to resulting state bank -- Stockholders' vote -- Notice of meeting -- Waiver of notice
    To be effective, a merger which is to result in a state bank must be approved by the stockholders of each merging state bank by ...
  • 30.49.060 Merger to resulting state bank -- Effective date -- Termination of charters -- Certificate of merger
    A merger which is to result in a state bank shall, unless a later date is specified in the agreement, become effective after the filing ...
  • 30.49.070 Conversion of national to state bank -- Requirements -- Procedure
    Except as provided in RCW 30.49.100, a national bank located in this state which follows the procedure prescribed by the laws of the United States ...
  • 30.49.080 Resulting bank as same business and corporate entity -- Use of name of merging, converting bank
    A resulting state or national bank shall be the same business and corporate entity as each merging state or national bank or as the converting ...
  • 30.49.090 Rights of dissenting shareholder -- Appraisal -- Amount due as debt
    The owner of shares of a state bank which were voted against a merger to result in a state bank, or against the conversion of ...
  • 30.49.100 Provision for successors to fiduciary positions
    Where a resulting state bank is not to exercise trust powers, the director shall not approve a merger or conversion until satisfied that adequate provision ...
  • 30.49.110 Assets, business -- Time for conformance with state law
    If a merging or converting state or national bank has assets which do not conform to the requirements of state law for the resulting state ...
  • 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 ...
  • 30.49.125 Resulting bank has branches inside and outside of state -- Application -- Definitions -- Combination or purchase and assumption requires director's approval -- Deposit concentration limits
    (1) This section is applicable where the resulting bank would have branches inside and outside the state of Washington. (2) As used in this section, ...
  • 30.49.130 Severability -- 1955 c 33
    If any provision of this chapter or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions ...

Last modified: April 7, 2009