30B.53.070 Valuation of assets—Books of merging trust company.

WA Rev Code § 30B.53.070 (2019) (N/A)
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RCW 30B.53.070 Valuation of assets—Books of merging trust company.

Without approval by the director, no asset shall be carried on the books of the resulting trust company at a valuation higher than that on the books of the merging trust company at the time of its last examination by a state trust examiner before the effective date of the merger or conversion.

[ 2014 c 37 § 395.]