Washington Statutes
§ 33.40.120 — Removal of liquidator—Appellate review.
Washington § 33.40.120
JurisdictionWashington
Title 33WASHINGTON SAVINGS ASSOCIATION ACT
Ch. 33.40INSOLVENCY, LIQUIDATION, MERGER
This text of Washington § 33.40.120 (Removal of liquidator—Appellate review.) 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 § 33.40.120 (2026).
Text
The court, upon notice and hearing, may remove the liquidator for cause. Appellate review of the order of removal may be sought as in other civil cases.
During the pendency of any appeal, the director of financial institutions shall act as liquidator of the association, without giving any additional bond for the performance of the duties as such liquidator.
If such order of removal shall be affirmed, the director of financial institutions shall name another liquidator for the association, which nominee, upon qualifying as required for receivers generally, shall succeed to the position of liquidator of the association.
Severability — 1988 c 202: See note following RCW 2.24.050 .
Severability — 1982 c 3: See note following RCW 33.04.002 .
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Related
§ 2.24.050
Washington § 2.24.050
§ 33.04.002
Washington § 33.04.002
Legislative History
[1994 c 92 s 463;1988 c 202 s 34;1982 c 3 s 72;1971 c 81 s 86;1945 c 235 s 113; Rem. Supp. 1945 s 3717-232.]
Nearby Sections
15
§ 33.04.002
Legislative declaration, intent—Purpose.§ 33.04.004
Short title.§ 33.04.005
Definitions.§ 33.04.020
Director—Powers and duties.§ 33.04.022
Director—Powers under chapter19.144RCW.§ 33.04.025
Rules.§ 33.04.030
Compelling attendance of witnesses.§ 33.04.060
Appellate review.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 33.40.120, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/33.40.120.