Revised Code of Washington - RCW Title 33 Savings And Loan Associations - Chapter 33.40 Insolvency, Liquidation, Merger

33.40.010 Voluntary liquidation, merger, etc., authorized -- Procedure
Any domestic association may determine to enter upon voluntary liquidation, to transfer its assets and liabilities to another association, to merge with another association, to ...

33.40.020 Director may take possession of domestic association on notice for delinquency
Whenever it appears to the director that any domestic association is in an unsound condition or is conducting its business in an unsafe manner or ...

33.40.030 Possession without notice
Whenever it shall appear to the director that any association is in an unsound or unsafe condition to continue business or is insolvent, the director ...

33.40.040 Procedure on taking possession
Upon the director taking possession of any domestic association, the director shall proceed to liquidate the association unless, in the director's discretion, the director shall ...

33.40.050 Involuntary liquidation -- Procedure -- Federal insurance corporation as liquidator
Whenever the director determines to liquidate the affairs of a domestic association, the director shall cause the attorney general to present to the superior court ...

33.40.060 Procedure to be as in receivership
In any such liquidation proceeding, the court, except as otherwise in this title expressly provided, shall have the powers and proceed as in receivership proceedings.[1945 ...

33.40.070 Liquidator's powers
The liquidator, upon the approval of the court, may sell, discount, or compromise debts of the association and claims against its debtors. The liquidator, with ...

33.40.075 Investment of liquidation funds -- Use of income
All funds received by the director from liquidations may be invested by the director. The earnings from the moneys so held may be applied toward ...

33.40.080 Disposition of records
Upon the termination of any liquidation proceeding, any files, records, documents, books of account, or other papers in the possession of the liquidator shall be ...

33.40.110 Voluntary liquidation -- Disposition of unclaimed dividends and records
In a voluntary liquidation of a domestic association, checks issued in the liquidation or funds representing liquidating dividends or otherwise which remain undelivered for six ...

33.40.120 Removal of liquidator -- Appellate review
The court, upon notice and hearing, may remove the liquidator for cause. Appellate review of the order of removal may be sought as in other ...

33.40.130 Payment of deposits accepted during economic emergency, preference
Savings deposits received by an association, during a period or periods of postponement of payment of withdrawals or of acute business depression, panic or economic ...

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, ...