Title 32 — Title 32 WASHINGTON SAVINGS BANK ACT
14 chapters · 295 sections in this title.
RCW 32.12.010 Deposits by individuals governed by chapter 30.22 RCW—Other deposits which a savings bank may establish—Limitations.
1.5K chars
Deposits made by individuals in a mutual savings bank under this chapter are governed by *chapter 30.22 RCW. In addition, other deposits which a savings bank may establish include but are not limited to the following:(1) Deposits in the name of, or on behalf of, a partnership or …
RCW 32.12.020 Repayment of deposits and dividends.
2.4K chars
The sums deposited with any savings bank, together with any dividends or interest credited thereto, shall be repaid to the depositors thereof respectively, or to their legal representatives, after demand in such manner, and at such times, and under such regulations, as the board …
RCW 32.12.025 Withdrawals by savings bank's drafts in accordance with depositor's instructions authorized.
0.5K chars
Subject to the provisions of RCW 32.12.020(1), a savings bank may, on instructions from a depositor, effect withdrawals from a savings account by the savings bank's drafts payable to parties and on terms as so instructed; to the extent of the subjection of accounts to such withdr…
RCW 32.12.050 Accounting—Entry of assets, real estate, securities, etc.
3.5K chars
(1) No savings bank shall by any system of accounting, or any device of bookkeeping, directly or indirectly, enter any of its assets upon its books in the name of any other individual, partnership, unincorporated association, or corporation, or under any title or designation that…
RCW 32.12.070 Computation of earnings.
2.7K chars
(1) Gross current operating earnings. Every savings bank shall close its books, for the purpose of computing its net earnings, at the end of any period for which a dividend is to be paid, and in no event less frequently than semiannually. To determine the amount of gross earnings…
RCW 32.12.080 Misleading advertisement of surplus or guaranty fund.
0.3K chars
No savings bank shall put forth any sign or notice or publish or circulate any advertisement or advertising literature upon which or in which it is stated that such savings bank has a surplus or guaranty fund other than as determined in the manner prescribed by law.[ 1955 c 13 s …
RCW 32.12.090 Interest—Rate—Notice of changed rate.
2.5K chars
(1) Every savings bank shall regulate the rate of interest upon the amounts to the credit of depositors therewith, in such manner that depositors shall receive as nearly as may be all the earnings of the bank after transferring the amount required by RCW 32.08.120 and such furthe…
RCW 32.12.120 Adverse claim to a deposit to be accompanied by court order or bond—Exceptions.
1.7K chars
Notice to any mutual savings bank doing business in this state of an adverse claim to a deposit standing on its books to the credit of any person shall not be effectual to cause said bank to recognize said adverse claimant unless said adverse claimant shall also either procure a …