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§ 32-32-190 — Washington Law | CourtGPT
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  5. Chapter 32.32 - Conversion of Mutual Savings Bank to Capital Stock Savings Bank.32.32.010 - Chapter Exclusive—prohibition on Conversion Without Approval—waiver of Requirements/
  6. § 32-32-190
Washington Legal Code

§ 32-32-190

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RCW 32.32.190Liquidation 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 s 37.]