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Code · Washington · Title 30A — Washington Commercial Bank Act · Chapter 30A.56

RCW 30A.56.080

82 words·~1 min read·/wa/title-30a/chapter-30a-56/30a-56-080·

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

The failure of a bank operating under such a plan to pay to a creditor at any time a sum greater than the plan then requires, shall not constitute a default nor authorize or require the director to take charge of or liquidate the bank nor entitle the creditor to maintain an action against the bank.
[ 1994 c 92 s 155 ; 1955 c 33 s 30.56.080 . Prior: 1933 c 49 s 8 ; RRS 3293-8. Formerly RCW 30.56.080 .]
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