Washington Code 33.46.110 – Conversion to federal association — Procedure
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If the bank specifies in the resolution that it intends to become a federal association, it shall proceed to make all filings and do all things which are required by federal laws and regulations to qualify as and become a federal association, and when all such things have been accomplished and a charter has been issued by the appropriate federal agency, the bank shall thereupon cease to be a bank organized under the laws of this state.
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Terms Used In Washington Code 33.46.110
- Association: means any association organized under the laws of this state or the laws of the United States of America;
Washington Code 33.46.010Bank: means a savings bank or commercial bank organized under the laws of this state; and
Washington Code 33.46.010