Revised Code of Washington - RCW Title 33 Savings And Loan Associations - Section 33.40.150 Appointment of provisional officers and directors

§ 33.40.150. Appointment of provisional officers and directors

(1) The director of financial institutions, after exercising the authority granted in RCW 33.16.040, may appoint provisional officers and directors, in whole or in part, of an association.

(2) Notice of the appointment shall be served upon the association, and the appointment shall take effect immediately and shall remain in effect until a successor is chosen in accordance with the association's bylaws.

[1994 c 92 § 465; 1985 c 239 § 2.]

Sections:  Previous  33.40.010  33.40.020  33.40.030  33.40.040  33.40.050  33.40.060  33.40.070  33.40.075  33.40.080  33.40.110  33.40.120  33.40.130  33.40.150

Last modified: April 7, 2009