Washington Statutes

§ 30A.36.050 — Not subject to assessments—Liability of holders.

Washington § 30A.36.050
JurisdictionWashington
Title 30AWASHINGTON COMMERCIAL BANK ACT
Ch. 30A.36CAPITAL NOTES OR DEBENTURES

This text of Washington § 30A.36.050 (Not subject to assessments—Liability of holders.) 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.36.050 (2026).

Text

Such capital notes or debentures shall in no case be subject to any assessment. The holders of such capital notes or debentures shall not be held individually responsible, as such holders, for any debts, contracts or engagements of such institution, and as such holders, shall not be held liable for assessments to restore impairments in the capital of such institution.

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Legislative History

[1955 c 33 s 30.36.050. Prior:1935 c 42 s 5; RRS s 3295-5. Formerly RCW30.36.050.]

Nearby Sections

15
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Bluebook (online)
Washington § 30A.36.050, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.36.050.