Washington § 33.40.120 - Removal of liquidator — Appellate review.

Full text of Washington Revised Code of Washington § 33.40.120 — Removal of liquidator — Appellate review., with citation guidance and answers to common questions.

§ 33.40.120. Removal of liquidator — Appellate review.

The court, upon notice and hearing, may remove the liquidator for cause. Appellate review of the order of removal may be sought as in other civil cases.
During the pendency of any appeal, the director of financial institutions shall act as liquidator of the association, without giving any additional bond for the performance of the duties as such liquidator.
If such order of removal shall be affirmed, the director of financial institutions shall name another liquidator for the association, which nominee, upon qualifying as required for receivers generally, shall succeed to the position of liquidator of the association.
[ 1994 c 92 s 463; 1988 c 202 s 34; 1982 c 3 s 72; 1971 c 81 s 86; 1945 c 235 s 113; Rem. Supp. 1945 s 3717-232.]

Notes

Rules of court: Appeal procedures superseded by RAP 2.1, 2.2, 18.22.
Severability—1988 c 202: See note following RCW 2.24.050.
Severability—1982 c 3: See note following RCW 33.04.002.

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

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Frequently Asked Questions About Washington § 33.40.120

What does Revised Code of Washington § 33.40.120 cover?

Section 33.40.120 ("Removal of liquidator — Appellate review.") 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 § 33.40.120?

A common citation format is "Revised Code of Washington § 33.40.120" (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 § 33.40.120 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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