reglab/housing_qa huggingface dataset:
WA Rev Code § 33.43.010 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.43 - Conversion to and From Federal Association.|33.43.010 - Conversion of domestic association to federal association.

RCW 33.43.010 Conversion of domestic association to federal association.Any domestic association may convert itself into a federal mutual or stock savings and loan association. Any such conversion shall be effected by the vote of a majority in amount of the members present, in person or by proxy, at any regular or special meeting of the members called for such purpose. Notice of such meeting, stating the purpose thereof, shall be given the director at least thirty days prior to the meeting and to the members pursuant to the provisions contained in RCW 33.20.010.If such conversion be authorized by the members at the meeting, the directors of the association are authorized and shall effect such action, and the officers of the association shall execute all proper conveyances, documents, and other papers necessary or proper thereunto.If conversion be authorized, a copy of the minutes of the meeting shall be filed forthwith with the director.Upon consummation of such conversion, the successor federal savings and loan association shall succeed to all right, title, and interest of the domestic association in and to its assets, and to its liabilities to the creditors and members of the association. Upon such conversion, after the execution and delivery of all instruments of transfer, conveyance and assignment, the domestic association shall be deemed dissolved.[ 1994 c 92 § 466; 1982 c 3 § 74; 1949 c 20 § 10; 1945 c 235 § 116; Rem. Supp. 1949 § 3717-235. Prior: 1933 ex.s. c 15 §§ 1 through 6. Formerly RCW 33.44.100.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.43.020 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.43 - Conversion to and From Federal Association.|33.43.020 - Federal association—Powers.

RCW 33.43.020 Federal association—Powers.Every federal savings and loan association, the home office of which is located in this state, and the savings accounts therein shall have all the rights, powers and privileges and be entitled to the same immunities and exemptions as pertain to savings and loan associations organized under the laws of this state.[ 1945 c 235 § 117; Rem. Supp. 1945 § 3717-236. Prior: 1939 c 98 § 9; 1933 c 183 § 50. Formerly RCW 33.44.110.]
WA Rev Code § 33.43.030 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.43 - Conversion to and From Federal Association.|33.43.030 - Conversion of federal association to domestic association.

RCW 33.43.030 Conversion of federal association to domestic association.Any federal savings and loan association the home office of which is located in this state may convert itself into a domestic savings and loan association of this state. For any such conversion, such federal association shall proceed as provided in this title for the conversion of a domestic association into a federal association.Upon consummation of such conversion, the successor domestic association shall succeed to all right, title, and interest of the federal association in and to its assets, and to its liabilities to the creditors and members of such federal association.[ 1945 c 235 § 118; Rem. Supp. 1945 § 3717-237. Prior: 1939 c 98 § 1. Formerly RCW 33.44.120.]
WA Rev Code § 33.44.080 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.44 - Conversion to Mutual Savings Bank.|33.44.080 - Depositor's interest upon conversion.

RCW 33.44.080 Depositor's interest upon conversion.Upon the conversion of any association into a savings bank or commercial bank, every person who was a depositor of the association at the time of the conversion shall become and be deemed to be a depositor of the bank in a sum equal to the value of the deposit of the depositor as of the day on which the conversion was consummated.[ 1982 c 3 § 76; 1927 c 177 § 2; 1917 c 154 § 2; RRS § 3755.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.44.090 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.44 - Conversion to Mutual Savings Bank.|33.44.090 - Transfer of securities upon conversion.

RCW 33.44.090 Transfer of securities upon conversion.All mortgages, notes and other securities of any association that has been converted into a savings bank or commercial bank, shall on request of the bank, be delivered to it by the director of financial institutions or under the director's direction by any depositary having possession thereof. Every such bank shall, as soon as practicable and within such time and by such methods as the director may direct, cause its organization, its securities and investments, the character of its business and its methods of transacting the same to conform to the laws applicable to savings banks or commercial banks, as applicable.[ 1994 c 92 § 468; 1982 c 3 § 77; 1927 c 177 § 3; 1917 c 154 § 3; RRS § 3756.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.44.125 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.44 - Conversion to Mutual Savings Bank.|33.44.125 - Waiver of chapter requirements.

RCW 33.44.125 Waiver of chapter requirements.If, in the opinion of the director of financial institutions, it is necessary for any of the requirements of this chapter to be waived in order to permit an association which is in danger of failing to convert its charter to that of a commercial bank or a savings bank so that the association may be acquired by a commercial bank or a savings bank or a bank holding company, then the director may waive any such requirement.[ 1994 c 92 § 469; 1982 c 3 § 78.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.44.130 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.44 - Conversion to Mutual Savings Bank.|33.44.130 - Rules implementing chapter—Standard.

RCW 33.44.130 Rules implementing chapter—Standard.The director of financial institutions shall adopt such rules under the administrative procedure act, chapter 34.05 RCW, as are necessary to implement this chapter in a manner which protects the relative interests of members, depositors, borrowers, stockholders, and creditors.[ 1994 c 92 § 470; 1982 c 3 § 79.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.010 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.010 - Definitions.

RCW 33.46.010 Definitions.As used in this chapter, unless the context indicates otherwise:(1) "Association" means any association organized under the laws of this state or the laws of the United States of America;(2) "Director" means a member of the board of directors of an association, savings bank, or commercial bank, as applicable;(3) "Bank" means a savings bank or commercial bank organized under the laws of this state; and(4) "Trustee" means a member of the managing board of a mutual savings bank.[ 1982 c 3 § 80; 1975 1st ex.s. c 83 § 1.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.020 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.020 - Conversion of bank to association—Procedure.

RCW 33.46.020 Conversion of bank to association—Procedure.Any bank may be converted into an association in the following manner:(1) The trustees or directors of the bank shall pass, by at least a two-thirds favorable vote of all trustees or directors, a resolution declaring its intention to convert the bank into an association, specifying in such resolution the type of association and whether the association is to be organized under the laws of this state, or is to be organized under the laws of the United States of America. If the association is to be a state association the bank shall apply to the director of financial institutions for authority to convert into an association. The application shall include a proposal which sets forth the method by and extent to which membership or stockholder interests, as the case may be, in the bank are to be converted into membership or shareholder interest, as the case may be, in the association, and the proposal shall allow for any member or stockholder to withdraw the value of his or her interest at any time within sixty days of the completion of the conversion. The proposal is subject to the approval of the director of financial institutions and shall conform to all applicable regulations of the federal deposit insurance corporation, the federal home loan bank board, the federal savings and loan insurance corporation, or other federal regulatory agency.(2) The director of financial institutions shall, in the case of an application to convert into a state association, make the same investigation and determine the same questions as he or she would be required by law to make in determining the case of submission to him or her of articles of incorporation of a proposed new state association, and shall also determine whether the proposed conversion would serve the needs and conveniences of the depositors of the bank.(3) The director of financial institutions shall grant or deny the application within sixty days of its date of filing and shall immediately notify the secretary of the bank of the decision.[ 1994 c 92 § 471; 1982 c 3 § 81; 1975 1st ex.s. c 83 § 2.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.030 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.030 - Cash contributions to expense fund if becoming domestic mutual association.

RCW 33.46.030 Cash contributions to expense fund if becoming domestic mutual association.If the application to become a domestic mutual association is granted, the director of financial institutions shall require the applicant to enter into an agreement or undertaking with the director, as trustee for the members of the association, to make such cash contributions to an expense fund of the mutual association as in the director's judgment will be necessary then and from time to time thereafter to pay the operating expenses of the association if its earnings should not be sufficient to pay the same in addition to the payment of such dividends as may be declared and credited to members from its earnings.[ 1994 c 92 § 472; 1982 c 3 § 82; 1975 1st ex.s. c 83 § 3.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.040 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.040 - Appeal from denial of application.

RCW 33.46.040 Appeal from denial of application.If the application is denied by the director of financial institutions, the bank, acting by a two-thirds majority of its trustees or directors, may, within thirty days after receiving notice of such denial, appeal to the superior court of Thurston county pursuant to the provisions of the administrative procedure act, chapter 34.05 RCW.[ 1994 c 92 § 473; 1982 c 3 § 83; 1975 1st ex.s. c 83 § 4.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.050 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.050 - Certificate of reincorporation—Required—Filing—Contents.

RCW 33.46.050 Certificate of reincorporation—Required—Filing—Contents.If the application is granted by the director of financial institutions, or by the court, the trustees or directors of the bank shall, within thirty days thereafter, subscribe, acknowledge, and file with the director of financial institutions, in triplicate, a certificate of reincorporation stating:(1) The name by which the association is to be known;(2) The place where the association is to be located and its business transacted, naming the city or town and the county, which city or town shall be the same as that where the principal place of business of the bank has theretofore been located;(3) The name, occupation, residence, and post office address of each signer of the certificate;(4) The amount of the assets of the association, the amount of its liabilities, and the amount of its contingent, expense, or guaranty fund, as applicable, as of the first day of the calendar month during which the certificate is filed; and(5) A declaration that each signer will accept the responsibilities and faithfully discharge the duties of a director of the association, and is free from all the disqualifications specified in the laws applicable to savings and loan associations.[ 1994 c 92 § 474; 1982 c 3 § 84; 1981 c 302 § 35; 1975 1st ex.s. c 83 § 5.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.Severability—1981 c 302: See note following RCW 19.76.100.
WA Rev Code § 33.46.060 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.060 - Issuance of authorization certificate—Filing—Completion of conversion—Effect.

RCW 33.46.060 Issuance of authorization certificate—Filing—Completion of conversion—Effect.Upon filing the certificate in triplicate as provided in RCW 33.46.050, the director of financial institutions shall, within thirty days thereafter, if satisfied that all the provisions of this chapter have been complied with, issue in triplicate an authorization certificate stating that the association has complied with all of the requirements of law, and that it has authority to transact, at the place or places designated in its certificate, the business of an association. The director of financial institutions shall retain one set of the triplicate originals of the certificate of reincorporation and of the certificate of authorization and shall transmit the other two sets to the association, which shall retain one set, and file one set with the secretary of state, paying the required fees. Upon such filings being made, the conversion of the bank to the association shall be deemed complete and consummated, and the association shall thereupon be a corporation having the powers and being subject to the duties and obligations prescribed by the laws of this state applicable to state associations, and the time of existence of such association shall be perpetual, unless sooner terminated.[ 1994 c 92 § 475; 1982 c 3 § 85; 1981 c 302 § 36; 1975 1st ex.s. c 83 § 6.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.Severability—1981 c 302: See note following RCW 19.76.100.
WA Rev Code § 33.46.070 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.070 - Depositor's interest upon conversion.

RCW 33.46.070 Depositor's interest upon conversion.Upon the conversion of a bank into an association, every person who was a depositor of the bank at the time of the conversion shall become and be deemed to be a depositor of the association in a sum equal to the value of the deposits of the depositor in the bank as of the day on which the conversion was consummated.[ 1982 c 3 § 86; 1975 1st ex.s. c 83 § 7.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.080 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.080 - Transfer of securities—Conformance to state association laws, when.

RCW 33.46.080 Transfer of securities—Conformance to state association laws, when.All mortgages, notes, and other securities of any bank that has been converted into an association shall, on request of the association, be delivered to it by the director of financial institutions or, under the direction of the director, by any depository having possession thereof. If the association is a state association it shall, as soon as practicable and within such time and by such methods as the director may direct, cause its organization, its securities and investments, the character of its business, and its methods of transacting the same to conform to the laws applicable to state associations.[ 1994 c 92 § 476; 1982 c 3 § 87; 1975 1st ex.s. c 83 § 8.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.090 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.090 - Assets, liabilities, etc., vested in association upon conversion.

RCW 33.46.090 Assets, liabilities, etc., vested in association upon conversion.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.[ 1975 1st ex.s. c 83 § 9.]
WA Rev Code § 33.46.100 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.100 - Initial meeting of shareholders of domestic association—Notice—Proxy voting.

RCW 33.46.100 Initial meeting of shareholders of domestic association—Notice—Proxy voting.Within twelve months following consummation of the conversion, the directors of a domestic association shall call a meeting of the members for the purpose of electing directors and conducting such other business of the association as is appropriate. Notice of such meeting shall be mailed not less than ten nor more than thirty days in advance of the meeting to the last known address of each member. The notice may also include a proxy form authorizing any one or more persons, who may be directors or officers of the association, selected by the directors, to vote on behalf of any member executing such proxy.[ 1982 c 3 § 88; 1975 1st ex.s. c 83 § 10.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.110 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.110 - Conversion to federal association—Procedure.

RCW 33.46.110 Conversion to federal association—Procedure.If the bank specifies in the resolution that it intends to become a federal association, it shall proceed to make all filings and do all things which are required by federal laws and regulations to qualify as and become a federal association, and when all such things have been accomplished and a charter has been issued by the appropriate federal agency, the bank shall thereupon cease to be a bank organized under the laws of this state.[ 1982 c 3 § 89; 1975 1st ex.s. c 83 § 11.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.46.130 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.46 - Conversion of Savings Bank or Commercial Bank to Association.|33.46.130 - Rules implementing chapter—Standard.

RCW 33.46.130 Rules implementing chapter—Standard.The director of financial institutions shall adopt such rules under the administrative procedure act, chapter 34.05 RCW, as are necessary to implement this chapter in a manner which protects the relative interests of members, depositors, borrowers, stockholders, and creditors.[ 1994 c 92 § 477; 1982 c 3 § 90.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.48.025 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.48 - Stock Associations.|33.48.025 - Applicability of chapter 23B.06 RCW.

RCW 33.48.025 Applicability of chapter 23B.06 RCW.Except to the extent provided otherwise in this title, stock associations are subject to the provisions of chapter 23B.06 RCW.[ 1991 c 72 § 51; 1982 c 3 § 91; 1981 c 84 § 4.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.48.030 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.48 - Stock Associations.|33.48.030 - Minimum amount of permanent stock required—Preferred or special classes of shares authorized.

RCW 33.48.030 Minimum amount of permanent stock required—Preferred or special classes of shares authorized.Stock associations shall have permanent stock which may be issued with or without par value but with a statement of value of nonpar stock in accordance with Title 23B RCW. The minimum amount of such stock shall be twenty-five thousand dollars in the case of associations outside of incorporated cities, or in cities of less than twenty-five thousand population. Associations located in cities of greater population shall have as a minimum, fifty thousand dollars of such stock. The board of such association is authorized and directed to issue and maintain the stock in the following percentages: Three percent upon the first five million dollars; two percent upon the next three million dollars, and one percent upon all additional withdrawable savings: PROVIDED, That associations whose savings are insured by the Federal Savings and Loan Insurance Corporation shall not be required to maintain stock in excess of three hundred thousand dollars. A stock association may issue preferred or special classes of shares as provided in chapter 23B.06 RCW.[ 1991 c 72 § 52; 1982 c 3 § 92; 1981 c 84 § 1; 1969 c 107 § 7; 1963 c 246 § 9; 1955 c 122 § 4.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.48.040 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.48 - Stock Associations.|33.48.040 - Stock dividends, when.

RCW 33.48.040 Stock dividends, when.No dividends shall be declared on stock until the association has met the net worth and federal insurance requirements of the federal savings and loan insurance corporation. Subject to the provisions of this chapter, stock shall be entitled to such rate of dividend, if earned, as fixed by the board. Stock dividends may be declared and issued by the board at any time, payable from otherwise unallocated surplus and undivided profits.[ 1982 c 3 § 93; 1981 c 84 § 2; 1979 c 113 § 14; 1955 c 122 § 5.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.Severability—1979 c 113: See note following RCW 33.04.020.
WA Rev Code § 33.48.080 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.48 - Stock Associations.|33.48.080 - Member's proprietary interest—Subordinate to claims of creditors.

RCW 33.48.080 Member's proprietary interest—Subordinate to claims of creditors.Each member in a stock association shall have a proportionate proprietary interest in its assets and net earnings subordinate to the claims of its creditors with priorities as established by this chapter.[ 1982 c 3 § 94; 1969 c 107 § 8; 1967 c 49 § 6; 1955 c 122 § 9.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.
WA Rev Code § 33.48.090 (2021)
2021 Revised Code of Washington|Title 33 - Washington Savings Association Act|Chapter 33.48 - Stock Associations.|33.48.090 - Dividends only if interest paid on deposits.

RCW 33.48.090 Dividends only if interest paid on deposits.No dividend shall be paid or credited upon shares of stock for any period in which the association has not declared and paid interest on deposits eligible to receive interest.[ 1982 c 3 § 95; 1955 c 122 § 10.]NOTES:Severability—1982 c 3: See note following RCW 33.04.002.