18 chapters · 298 sections in this title.
RCW 30A.56.010 "Bank" and "directors" defined.
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In this chapter the word "bank" includes savings banks, mutual savings banks, and trust companies, and "directors" shall include trustees. [ 1955 c 33 s 30.56.010. Prior: 1933 c 49 s 2; RRS s 3293-2. Formerly RCW 30.56.010.]
RCW 30A.56.020 Postponement of payments on deposits—Order—Posting.
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The director is hereby empowered, upon the written application of the directors of a bank, if in his or her judgment the circumstances warrant it, to authorize a bank to postpone, for a period of ninety days and for such further period or periods as he or she may deem expedient, …
RCW 30A.56.030 Business during postponement.
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During postponement of payments the bank shall remain open for business and be in charge of its officers, but shall not make any loans, investments or expenditures except such as the director will approve as necessary to conserve its assets and pay the cost of operation. The bank…
RCW 30A.56.040 Deposits received during postponement.
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Deposits received during a period of postponement and for sixty days thereafter shall be kept separate from other assets of the bank, shall not draw interest, shall not be loaned or invested except by depositing with reserve banks or investing in liquid securities approved by the…