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 .

Free access — add to your briefcase to read the full text and ask questions with AI

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
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Washington § 33.40.120, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/33.40.120.