Washington § 30A.44.150 - Unclaimed dividends — Disposition.

Full text of Washington Revised Code of Washington § 30A.44.150 — Unclaimed dividends — Disposition., with citation guidance and answers to common questions.

§ 30A.44.150. Unclaimed dividends — Disposition.

Any dividends to depositors or other creditors of such bank remaining uncalled for and unpaid in the hands of the director for six months after order of final distribution, shall be deposited in a bank to his or her credit, in trust for the benefit of the persons entitled thereto and subject to the supervision of the court shall be paid by him or her to them upon receipt of satisfactory evidence of their right thereto.
All moneys so deposited remaining unclaimed for five years after deposit shall escheat to the state for the benefit of the permanent school fund and shall be paid by the director into the state treasury. It shall not be necessary to have the escheat adjudged in a suit or action.
[ 2014 c 37 s 231; 1994 c 92 s 119; 1955 c 33 s 30.44.150. Prior: 1923 c 115 s 11; 1917 c 80 s 71; RRS s 3278. Formerly RCW 30.44.150.]

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Frequently Asked Questions About Washington § 30A.44.150

What does Revised Code of Washington § 30A.44.150 cover?

Section 30A.44.150 ("Unclaimed dividends — Disposition.") 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.44.150?

A common citation format is "Revised Code of Washington § 30A.44.150" (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.44.150 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

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.