Washington Statutes
§ 30A.56.030 — Business during postponement.
Washington § 30A.56.030
This text of Washington § 30A.56.030 (Business during postponement.) 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.56.030 (2026).
Text
During postponement of payments the bank shall remain open for business and be in charge of its officers, but shall not make any loans, investments or expenditures except such as the director will approve as necessary to conserve its assets and pay the cost of operation. The bank's failure during a period of postponement to repay deposits existing at the commencement of the period, shall not authorize or require the director to take charge of or liquidate the bank, nor constitute ground for the appointment of a receiver.
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Legislative History
[1994 c 92 s 151;1955 c 33 s 30.56.030. Prior:1933 c 49 s 3; RRS s 3293-3. Formerly RCW30.56.030.]
Nearby Sections
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§ 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.56.030, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.56.030.