Washington Statutes

§ 30A.22.020 — Purposes.

Washington § 30A.22.020
JurisdictionWashington
Title 30AWASHINGTON COMMERCIAL BANK ACT
Ch. 30A.22FINANCIAL INSTITUTION INDIVIDUAL ACCOUNT DEPOSIT ACT

This text of Washington § 30A.22.020 (Purposes.) 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.22.020 (2026).

Text

The purposes of this chapter are:

(1)To provide a consistent law applicable to all financial institutions authorized to accept deposits from individuals with respect to payments by the institutions to individuals claiming rights to the deposited funds; and
(2)To qualify and simplify the law concerning the respective ownership interests of individuals to funds held on deposit by financial institutions, both as to the relationship between the individual depositors and beneficiaries of an account, and to the financial institution-depositor-beneficiary relationships; and
(3)To simplify and make consistent the law pertaining to payments by financial institutions of deposited funds both before and after the death of a depositor or depositors, including provisions for the validity and effec

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Related

Ellis v. Mirghanbari (In re Pittman)
540 B.R. 451 (W.D. Washington, 2015)

Legislative History

[1981 c 192 s 2. Formerly RCW30.22.020.]

Nearby Sections

15
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Bluebook (online)
Washington § 30A.22.020, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.22.020.