Washington Statutes
§ 30B.08.060 — Capital notes or debentures.
Washington § 30B.08.060
This text of Washington § 30B.08.060 (Capital notes or debentures.) 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 § 30B.08.060 (2026).
Text
(1)With the prior written approval of the director, any state trust company may at any time, through action of its board of directors, issue and sell its capital notes or debentures, which shall be subordinate to the claims of depositors and other creditors.
(2)Unless otherwise approved by the director, a state trust company shall conform to all other conditions and requirements of chapter 30A.36 RCW governing capital notes and debentures of state banks.
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Legislative History
[2014 c 37 s 327.]
Nearby Sections
15
§ 30B.04.002
Short title.§ 30B.04.005
Definitions.§ 30B.04.010
Name of trust institution—Use of trust in name.§ 30B.04.030
Persons authorized to act as a fiduciary.§ 30B.04.050
Persons subject to the requirement of a certificate of authority or approval under this title.§ 30B.04.060
Confidentiality of examination information.§ 30B.04.080
Transactions in state trust company shares.§ 30B.04.090
Investment of corporate funds—Securities.§ 30B.04.100
Investment in corporations—Subsidiaries.§ 30B.04.110
Pledge of assets.§ 30B.04.120
Investment in state trust company facilities.§ 30B.04.130
Separation of trust records—Recordkeeping.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 30B.08.060, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30B.08.060.