Washington § 30A.04.400 Bank acquisition or control—Definitions.

Washington Statutes

§ 30A.04.400 — Bank acquisition or control—Definitions.

Washington § 30A.04.400

Title 30AWASHINGTON COMMERCIAL BANK ACT

Ch. 30A.04GENERAL PROVISIONS

This text of Washington § 30A.04.400 (Bank acquisition or control—Definitions.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 30A.04.400 (2026).

Text

As used in RCW 30A.04.400 through 30A.04.410 , the following words shall have the following meanings:

(1)"Control" means directly or indirectly alone or in concert with others to own, control, or hold the power to vote twenty-five percent or more of the outstanding stock or voting power of the "controlled" entity;

(2)"Acquiring party" means the person acquiring control of a bank through the purchase of stock; and

(3)"Person" means any individual, corporation, partnership, association, business trust, or other organization.

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As used in RCW 30A.04.400 through 30A.04.410 , the following words shall have the following meanings:

(1) "Control" means directly or indirectly alone or in concert with others to own, control, or hold the power to vote twenty-five percent or more of the outstanding stock or voting power of the "controlled" entity;

(2) "Acquiring party" means the person acquiring control of a bank through the purchase of stock; and

(3) "Person" means any individual, corporation, partnership, association, business trust, or other organization.