Washington Statutes
§ 30A.38.050 — Branch of out-of-state state bank—Violations—Unsafe and unsound operations—Enforcement actions—Notice to home state regulator.
Washington § 30A.38.050
This text of Washington § 30A.38.050 (Branch of out-of-state state bank—Violations—Unsafe and unsound operations—Enforcement actions—Notice to home state regulator.) 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.38.050 (2026).
Text
If the director determines that a branch maintained by an out-of-state state bank in this state is being operated in violation of the laws of this state, or that the branch is being operated in an unsafe and unsound manner, the director has the authority to take all enforcement actions he or she would be empowered to take if the branch were a Washington state bank. However, the director shall promptly give notice to the home state regulator of each enforcement action taken against an out-of-state state bank and, to the extent practicable, shall consult and cooperate with the home state regulator in pursuing and resolving the enforcement action.
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Legislative History
[1996 c 2 s 15. Formerly RCW30.38.050.]
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.38.050, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.38.050.