Washington Statutes
§ 30A.42.050 — Acquisition or serving on board of directors or trustees of other financial institutions prohibited.
Washington § 30A.42.050
This text of Washington § 30A.42.050 (Acquisition or serving on board of directors or trustees of other financial institutions prohibited.) 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.42.050 (2026).
Text
An alien bank shall not take over or acquire an existing federal or state-chartered bank, trust company, mutual savings bank, savings and loan association, or credit union or any branch of any such bank, trust company, mutual savings bank, savings and loan association, or credit union in this state; nor shall any designee, officer, agent or employee of an alien bank serve on the board of directors of any federal or state bank, trust company, savings and loan association, or credit union, or the board of trustees of a mutual savings bank.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
[1973 1st ex.s. c 53 s 5. Formerly RCW30.42.050.]
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.42.050, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.42.050.