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Code · Washington · Title 30A — Washington Commercial Bank Act · Chapter 30A.44

RCW 30A.44.170

106 words·~1 min read·/wa/title-30a/chapter-30a-44/30a-44-170·

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Any bank may, upon receipt of written permission from the director, go into voluntary liquidation by a vote of its stockholders owning two-thirds of its capital stock. When such liquidation is authorized, the directors of such corporation shall publish in a newspaper published in the place where such corporation is located, once a week for four consecutive weeks, a notice requiring creditors of such corporation to present their claims against it for payment.
[ 2014 c 37 s 233 ; 1994 c 92 s 121 ; 1955 c 33 s 30.44.170 . Prior: 1917 c 80 s 74 ; RRS s 3281. Formerly RCW 30.44.170 .]
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