Washington Code 30A.49.010 – Definitions
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As used in this chapter:
Terms Used In Washington Code 30A.49.010
- Merger: includes consolidation;
Washington Code 30A.49.010National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
“Merging bank” means a party to a merger;
“Converting bank” means a bank converting from a state to a national bank, or the reverse;
“Merger” includes consolidation;
“Resulting bank” means the bank resulting from a merger or conversion.
Wherever reference is made to a vote of stockholders or a vote of classes of stockholders it shall mean only a vote of those entitled to vote under the terms of such shares.