Washington Statutes
§ 30A.08.086 — Determination of capital impairment when capital consists of preferred stock.
Washington § 30A.08.086
This text of Washington § 30A.08.086 (Determination of capital impairment when capital consists of preferred stock.) 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.08.086 (2026).
Text
If any part of the capital of a bank consists of preferred stock, the determination of whether or not the capital of such bank is impaired and the amount of such impairment shall be based on the value of its stock as established at the time it was issued, or its par value, if any, even though the amount which the holders of such preferred stock shall be entitled to receive in the event of retirement or liquidation shall be in excess of the originally established value or the par value of such preferred stock.
Severability — 1981 c 89: See note following RCW 30A.04.180 .
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Related
§ 30A.04.180
Washington § 30A.04.180
Legislative History
[2014 c 37 s 161;1986 c 279 s 25;1981 c 89 s 6. Formerly RCW30.08.086.]
Nearby Sections
15
§ 30A.04.002
Short title.§ 30A.04.005
Legislative declarations.§ 30A.04.007
Notice—Use of internet—Rules.§ 30A.04.010
Definitions.§ 30A.04.045
Director—Powers under chapter19.144RCW.§ 30A.04.050
Duty to comply—Violations—Penalty.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 30A.08.086, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.08.086.