RCW 30A.56.070: No dividends until reductions paid.
Where this section sits in the code
- Title 30A
- Chapter 30A.56
A bank for which such a plan has been put into effect shall not declare or pay a dividend or distribute any of its assets among stockholders until there shall have been set aside for and credited ratably to the creditors whose demands were reduced an amount equal to the aggregate of the reductions.
Collected 2026-09-06T02:01:42Z. Source file · JSON