Washington Statutes

§ 30A.56.090 — New bank may be authorized.

Washington § 30A.56.090
JurisdictionWashington
Title 30AWASHINGTON COMMERCIAL BANK ACT
Ch. 30A.56BANK STABILIZATION ACT

This text of Washington § 30A.56.090 (New bank may be authorized.) 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.56.090 (2026).

Text

If the net assets of a bank operating under such a plan are sufficient to provide the capital and surplus of a newly organized bank in the same place, the director, under such reasonable conditions as he or she shall prescribe, may approve the incorporation of a new bank and permit it to take over the assets and business and assume the liabilities of the existing bank.

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Legislative History

[1994 c 92 s 156;1955 c 33 s 30.56.090. Prior:1933 c 49 s 9; RRS s 3293-9. Formerly RCW30.56.090.]

Nearby Sections

15
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Bluebook (online)
Washington § 30A.56.090, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.56.090.