Regulatory Alerts2008-03-27 | ISGC-2008-005-DOBISGC-2008-005-DOB — Merger Of State Trust Company Into National Bank
The Washington State Department of Financial Institutions issued this letter to confirm that a state-chartered trust company may merge with a national banking association. The Department determined that no provision in current Washington State law, including Title 30 RCW, prevents such a merger. Consequently, the transaction is not encumbered or precluded under state regulations.
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