Washington § 30A.46.090 Authority of director.

Washington Statutes

§ 30A.46.090 — Authority of director.

Washington § 30A.46.090

Title 30AWASHINGTON COMMERCIAL BANK ACT

Ch. 30A.46SUPERVISORY DIRECTION—CONSERVATORSHIP

This text of Washington § 30A.46.090 (Authority of director.) 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.46.090 (2026).

Text

If the director determines to act under authority of this chapter, the sequence of his or her acts and proceedings shall be as set forth in this chapter. However, it is the purpose and substance of this chapter to authorize administrative discretion — to allow the director administrative discretion in the event of unsound banking operations — and in furtherance of that purpose the director is hereby authorized to proceed with regulation either under this chapter or under any other applicable provisions of law or under this chapter in connection with other law, either as such law is now existing or is hereinafter enacted, and it is so provided.

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If the director determines to act under authority of this chapter, the sequence of his or her acts and proceedings shall be as set forth in this chapter. However, it is the purpose and substance of this chapter to authorize administrative discretion — to allow the director administrative discretion in the event of unsound banking operations — and in furtherance of that purpose the director is hereby authorized to proceed with regulation either under this chapter or under any other applicable provisions of law or under this chapter in connection with other law, either as such law is now existing or is hereinafter enacted, and it is so provided.