Washington State Statutes - Washington Attorney Directory

A state banking corporation may, with the approval of the director and the affirmative vote of the shareholders of such corporation owning at least two-thirds of each class of shares entitled to vote under the terms of such shares, be reorganized to become a subsidiary of a bank holding company or a company that will, upon consummation of such reorganization, become a bank holding company, as defined in the federal bank holding company act of 1956, as amended.

[1994 c 92 § 36; 1986 c 279 § 40; 1982 c 196 § 1.]

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