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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon a conversion being consummated all assets, rights and properties of the bank shall vest in and be the property of the association and all liabilities, debts, and obligations of the bank shall be the liabilities, debts, and obligations of the association and any right can be enforced by or against the association the same as it could have been enforced by or against the bank if the conversion had not occurred.
Cite this article: FindLaw.com - Washington Revised Code Title 33. Washington Savings Association Act § 33.46.090. Assets, liabilities, etc., vested in association upon conversion - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-33-washington-savings-association-act/wa-rev-code-33-46-090/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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