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These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.

Chapter 32.24 RCW

INSOLVENCY AND LIQUIDATION

Sections

HTMLPDF 32.24.010Liquidation of solvent bank.
HTMLPDF 32.24.020Procedure to liquidate and dissolve.
HTMLPDF 32.24.030Transfer of assets and liabilities to another bank.
HTMLPDF 32.24.040Notice to correct unsafe conditions—Possession may be taken under specified circumstances.
HTMLPDF 32.24.050Director may order levy of assessment—Liquidation of bank in unsound condition or insolvent.
HTMLPDF 32.24.060Possession by director—Bank may contest.
HTMLPDF 32.24.070Receiver prohibited except in emergency.
HTMLPDF 32.24.073Voluntary closing—Possession of the director—Notice.
HTMLPDF 32.24.080Transfer of assets when insolvent—Penalty.
HTMLPDF 32.24.090Federal deposit insurance corporation as receiver or liquidator—Appointment—Powers and duties.
HTMLPDF 32.24.100Payment or acquisition of deposit liabilities by federal deposit insurance corporation—Not hindered by judicial review—Liability.
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