All mortgages, notes, and other securities of any bank that has been converted into an association shall, on request of the association, be delivered to it by the director of financial institutions or, under the direction of the director, by any depository having possession thereof. If the association is a state association it shall, as soon as practicable and within such time and by such methods as the director may direct, cause its organization, its securities and investments, the character of its business, and its methods of transacting the same to conform to the laws applicable to state associations.

NOTES:

Severability—1982 c 3: See note following RCW 33.04.002.

Terms Used In Washington Code 33.46.080

  • Association: means any association organized under the laws of this state or the laws of the United States of America;
Washington Code 33.46.010
  • Bank: means a savings bank or commercial bank organized under the laws of this state; and
    • Washington Code 33.46.010
  • Director: means a member of the board of directors of an association, savings bank, or commercial bank, as applicable;
    • Washington Code 33.46.010
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