Wash. Rev. Code § 33.40.130
Payment of deposits accepted during economic emergency, preference
Washington · Revised Code of Washington Chapter 33.40 — Insolvency, Liquidation, Merger · Status: effective
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- Wash. Rev. Code § 33.40.130, Payment of deposits accepted during economic emergency, preference, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1504491
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Savings deposits received by an association, during a period or periods of postponement of payment of withdrawals or of acute business depression, panic or economic emergency under authorization or declaration of the director as hereinbefore provided, shall be repaid to the depositors paying in such savings before any liquidation dividends shall be declared or paid if, during such period or periods or at the expiration thereof, the director takes charge of the association for liquidation, as provided in this title.