RCW
33.28.020 requires the director to collect from each association a fee to cover the actual cost of supervision.
To maintain fairness to all associations the acquiring party(ies) will defray the costs involving the director and his staff as follows:
A minimum nonrefundable fee of $5,000 payable with the acquisition application described in RCW
33.24.360. In addition direct costs involving travel and lodging of the director or his staff and legal expense billed directly to the division will be paid by the acquirers.
Savings and loan associations merging under authority of RCW
33.04.010 are not considered within the scope of RCW
33.24.360 and are therefore not included with respect to this WAC.
[Statutory Authority: RCW
33.04.025 and
43.320.040. WSR 00-17-140, amended and recodified as § 208-586-120, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW
33.24.360. WSR 84-12-042 (Order 84-5), § 419-14-120, filed 5/31/84.]