Wash. Rev. Code § 30B.53.070

Current through 2024
Section 30B.53.070 - Valuation of assets-Books of merging trust company

Without approval by the director, no asset shall be carried on the books of the resulting trust company at a valuation higher than that on the books of the merging trust company at the time of its last examination by a state trust examiner before the effective date of the merger or conversion.

RCW 30B.53.070

Added by 2014 c 37,§ 395, eff. 1/5/2015.