§ 30A.44.010 Notice to correct unsafe conditions — Possession may be taken under specified circumstances
§ 30A.44.020 Director may order levy of assessment
§ 30A.44.030 Director’s right to take possession may be contested
§ 30A.44.040 Notice of taking possession
§ 30A.44.050 Powers and duties of director
§ 30A.44.060 Notice to creditors — Claims
§ 30A.44.070 Inventory — List of claims
§ 30A.44.080 Objections to approved claims
§ 30A.44.090 Dividends
§ 30A.44.100 Receiver prohibited except in emergency
§ 30A.44.110 Preferences prohibited — Penalty
§ 30A.44.120 Receiving deposits when insolvent — Penalty
§ 30A.44.130 Expense of liquidation
§ 30A.44.140 Liquidation after claims are paid
§ 30A.44.150 Unclaimed dividends — Disposition
§ 30A.44.160 Voluntary closing — Possession of the director — Notice
§ 30A.44.170 Voluntary liquidation — Notice to creditors
§ 30A.44.180 Unclaimed dividends on voluntary liquidation
§ 30A.44.190 Disposition of unclaimed personal property
§ 30A.44.200 Duty of director — Notice to owner
§ 30A.44.210 Final notice after two years — Sale
§ 30A.44.220 Disposition of proceeds — Escheat
§ 30A.44.230 Procedure as to papers, documents, etc
§ 30A.44.240 Transfer of assets and liabilities to another bank
§ 30A.44.250 Reopening
§ 30A.44.260 Destruction of records after liquidation
§ 30A.44.270 Federal deposit insurance corporation as receiver or liquidator — Appointment — Powers and duties
§ 30A.44.280 Payment or acquisition of deposit liabilities by federal deposit insurance corporation — Not hindered by judicial review — Liability
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Terms Used In Washington Code > Chapter 30A.44 - Insolvency and liquidation

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Personal property: All property that is not real property.