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Code · Washington · Title 30A — Washington Commercial Bank Act · Chapter 30A.49

RCW 30A.49.120

84 words·~1 min read·/wa/title-30a/chapter-30a-49/30a-49-120·

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Without approval by the director no asset shall be carried on the books of the resulting state bank at a valuation higher than that on the books of the merging or converting state or national bank at the time of its last examination by a state examiner or national bank examiner before the effective date of the merger or conversion.
[ 1994 c 92 s 149 ; 1955 c 33 s 30.49.120 . Prior: 1953 c 234 s 12 . Formerly RCW 30.49.120 .]
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