Washington § 30A.04.575 - Public hearing prior to approval of reorganization — Request.

Full text of Washington Revised Code of Washington § 30A.04.575 — Public hearing prior to approval of reorganization — Request., with citation guidance and answers to common questions.

§ 30A.04.575. Public hearing prior to approval of reorganization — Request.

Prior to the approval of the reorganization, the director, upon request of the board of directors of the bank, or not less than ten percent of its shareholders, shall hold a public hearing at which bank shareholders and other interested parties may appear. Notice of the public hearing shall be sent to each shareholder by prepaid first-class mail.
The approval of the reorganization by the director shall be conditioned on a finding that the terms of the reorganization are fair to the shareholders and other interested parties.
[ 1994 c 256 s 40; 1994 c 92 s 40; 1986 c 279 s 44. Formerly RCW 30.04.575.]

Notes

Reviser's note: This section was amended by 1994 c 92 s 40 and by 1994 c 256 s 40, each without reference to the other. Both amendments are incorporated in the publication of this section pursuant to RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Findings—Construction—1994 c 256: See RCW 43.320.007.

Source: official Washington text · Last verified 2026-08-27

Frequently Asked Questions About Washington § 30A.04.575

What does Revised Code of Washington § 30A.04.575 cover?

Section 30A.04.575 ("Public hearing prior to approval of reorganization — Request.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 30A.04.575?

A common citation format is "Revised Code of Washington § 30A.04.575" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 30A.04.575 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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