RCW 32.32.190: Liquidation account—Maintenance required

RCWs > Title 32 > Chapter 32.32 > Section 32.32.190

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32.32.185 << 32.32.190 >> 32.32.195

PDFRCW 32.32.190

Liquidation account—Maintenance required—Subaccounts.

The liquidation account shall be maintained by the converted savings bank for the benefit of eligible account holders and supplemental eligible account holders who maintain their savings accounts in the bank. Each such eligible account holder shall, with respect to each savings account, have a related inchoate interest in a portion of the liquidation account balance ("subaccount").

[ 1981 c 85 § 37.]