Revised Code of Washington - RCW Title 32 Mutual Savings Banks - Chapter 32.34 Merger, Consolidation, Conversion, Etc

  • 32.34.010 Conversion of domestic savings bank -- Rights, powers, etc., of successor institution
    (1) A domestic savings bank formed or converted under this title may convert itself into a state or federal credit union or a federal mutual ...
  • 32.34.020 Conversion of federal savings bank, national bank, or state commercial bank to domestic savings bank
    (1) A federal savings bank, the home office of which is located in this state, a national bank, the head office of which is located ...
  • 32.34.025 Conversion of stock savings bank to savings bank without capital stock
    (1) The conversion of a stock savings bank to a savings bank without capital stock requires the affirmative vote or written consent of two-thirds of ...
  • 32.34.030 Savings banks converted to stock form -- Voluntary liquidation, transfer of assets, merger, consolidation, etc. -- Approval of directors and shareholders
    (1) The voluntary liquidation of a mutual savings bank converted to the stock form requires the affirmative vote or written consent of two-thirds of the ...
  • 32.34.040 Savings bank holding companies -- Savings bank subsidiaries
    (1) No savings bank having capital stock may establish a holding company to own all its stock without the approval of the director. Upon tender ...
  • 32.34.050 Business trusts for the benefit of depositors
    A savings bank not having capital stock may establish a business trust for the benefit of its depositors, with the approval of the director and ...
  • 32.34.060 Voluntary liquidation, conversion, acquisition, merger, and consolidation -- Right of dissenting shareholder to receive value of shares -- Determination
    (1) Any holder of shares of a savings bank shall be entitled to receive the value of these shares, as specified in subsection (2) of ...

Last modified: April 7, 2009