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Code · Washington · Title 30A — Washington Commercial Bank Act · Chapter 30A.04

RCW 30A.04.550

150 words·~1 min read·/wa/title-30a/chapter-30a-04/30a-04-550·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A state banking corporation may, with the approval of the director and the affirmative vote of the shareholders of such corporation owning at least two-thirds of each class of shares entitled to vote under the terms of such shares, be reorganized to become a subsidiary of a bank holding company or a company that will, upon consummation of such reorganization, become a bank holding company, as defined in the federal bank holding company act of 1956, as amended.
[ 1994 c 92 s 36 ; 1986 c 279 s 40 ; 1982 c 196 s 1 . Formerly RCW 30.04.550 .]
Notes:
Severability — 1982 c 196: "If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1982 c 196 s 11 .]
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