The Supervisor of the Division of Savings and Loan may cancel and void unpaid checks which are deposited with him at the close of liquidation proceedings pursuant to §§ 108 and 112, chapter 235, Laws of 1945 (3717-227 and 3717-231, Rem. Supp. 1945) and deposit the funds represented by such checks in a liquidation account for the payment of claims during the five‑year waiting period. Such funds may be deposited in a savings and loan association pursuant to the provisions of § 1, chapter 105, Laws of 1951 (new section added to Title 33 RCW).
AGO 1951 NO. 188 > Dec 7 1951