§ 30A.49.010 Definitions
§ 30A.49.020 State bank to resulting national bank — Laws applicable — Vote required — Termination of franchise
§ 30A.49.030 State or national bank to resulting state bank — Law applicable to nationals
§ 30A.49.040 Merger to resulting state bank — Exception — Agreement, contents, approval, amendment
§ 30A.49.050 Merger to resulting state bank — Stockholders’ vote — Notice of meeting — Waiver of notice
§ 30A.49.060 Merger to resulting state bank — Effective date — Termination of charters — Certificate of merger
§ 30A.49.070 Conversion of national to state bank — Requirements — Procedure
§ 30A.49.080 Resulting bank as same business and corporate entity — Use of name of merging, converting bank
§ 30A.49.090 Rights of dissenting shareholder — Appraisal — Amount due as debt
§ 30A.49.100 Provision for successors to fiduciary positions
§ 30A.49.110 Assets, business — Time for conformance with state law
§ 30A.49.120 Resulting state bank — Valuation of certain assets limited
§ 30A.49.125 Resulting bank has branches inside and outside of state — Application — Definitions — Combination or purchase and assumption requires director’s approval — Deposit concentration limits
§ 30A.49.130 Severability — 1955 c 33
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Terms Used In Washington Code > Chapter 30A.49 - Merger, consolidation, and conversion

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Converting bank: means a bank converting from a state to a national bank, or the reverse;
Washington Code 30A.49.010
  • 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.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Merger: includes consolidation;
    • Washington Code 30A.49.010
  • National 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
  • National Bank Examiner: An employee of the Comptroller of the Currency whose function is to examine national banks periodically to determine the financial position of a bank and the security of its deposits. The examiner also verifies that the bank maintains procedures consistent with federal banking laws and regulations. Source: OCC
  • 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
  • Resulting bank: means the bank resulting from a merger or conversion. See Washington Code 30A.49.010