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Code · Washington · Title 30B — Washington Trust Institutions Act · Chapter 30B.44A

RCW 30B.44A.010

119 words·~1 min read·/wa/title-30b/chapter-30b-44a/30b-44a-010·

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

(1)Shareholder action to liquidate a state trust company shall be taken at a meeting of the shareholders duly called and noticed as provided for in Title 23B RCW, if the state trust company is a corporation, and as provided in chapter 25.15 RCW, if the state trust company is a limited liability company.
(2)If the shareholders shall, by the required vote, elect to liquidate the state trust company, a copy of all proceedings of the meeting at which such action shall have been taken, verified by the oath of the president or manager and the secretary, shall be transmitted to the director for approval.
[ 2019 c 389 s 56 ; 2014 c 37 s 377 .]
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