Washington Statutes
§ 30A.12.044 — Removal of one or more directors of a bank or holding company—Effect upon quorum—Procedure.
Washington § 30A.12.044
JurisdictionWashington
Title 30AWASHINGTON COMMERCIAL BANK ACT
Ch. 30A.12OFFICERS, EMPLOYEES, AND STOCKHOLDERS
This text of Washington § 30A.12.044 (Removal of one or more directors of a bank or holding company—Effect upon quorum—Procedure.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 30A.12.044 (2026).
Text
If at any time because of the removal of one or more directors under this chapter there shall be on the board of directors of a bank or holding company less than a quorum of directors, all powers and functions vested in or exercisable by the board shall vest in and be exercisable by the director or directors remaining until such time as there is a quorum on the board of directors. If all of the directors of a bank or holding company are removed under this chapter, the director shall appoint persons to serve temporarily as directors until such time as their respective successors take office.
Effective date — 2010 c 88: See RCW 32.50.900 .
Severability — 1977 ex.s. c 178: See note following RCW 30A.04.450 .
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Related
§ 32.50.900
Washington § 32.50.900
§ 30A.04.450
Washington § 30A.04.450
Legislative History
[2014 c 37 s 177;2010 c 88 s 23;1994 c 92 s 66;1977 ex.s. c 178 s 7. Formerly RCW30.12.044.]
Nearby Sections
15
§ 30A.04.002
Short title.§ 30A.04.005
Legislative declarations.§ 30A.04.007
Notice—Use of internet—Rules.§ 30A.04.010
Definitions.§ 30A.04.045
Director—Powers under chapter19.144RCW.§ 30A.04.050
Duty to comply—Violations—Penalty.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 30A.12.044, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.12.044.