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§ 33-44-080 — Washington Law | CourtGPT
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  4. Rcw Dispositions Title 33/
  5. Chapter 33.44 - Conversion to Mutual Savings Bank.33.44.020 - Conversion to A Savings Bank or Commercial Bank—procedure/
  6. § 33-44-080
Washington Legal Code

§ 33-44-080

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RCW 33.44.080Depositor's interest upon conversion.Upon the conversion of any association into a savings bank or commercial bank, every person who was a depositor of the association at the time of the conversion shall become and be deemed to be a depositor of the bank in a sum equal to the value of the deposit of the depositor as of the day on which the conversion was consummated.[ 1982 c 3 s 76; 1927 c 177 s 2; 1917 c 154 s 2; RRS s 3755.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.