Washington Statutes

§ 32.08.080 — Conditions precedent to reception of deposits.

Washington § 32.08.080
JurisdictionWashington
Title 32WASHINGTON SAVINGS BANK ACT
Ch. 32.08ORGANIZATION AND POWERS

This text of Washington § 32.08.080 (Conditions precedent to reception of deposits.) 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 § 32.08.080 (2026).

Text

Before such corporation shall be authorized to receive deposits or transact business other than the completion of its organization, the director shall be satisfied that:

(1)The incorporators have made the deposit of the initial guaranty fund required by this title;
(2)The incorporators have made the deposit of the expense fund required by RCW 32.08.090 and if the director shall so require, have entered into the agreement or undertaking with him or her and have filed the same and the security therefor as prescribed in said section;
(3)The corporation has transmitted to the director the name, residence, and post office address of each officer of the corporation;
(4)Its certificate of incorporation in triplicate has been filed in the respective public offices designated in this title.

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Related

§ 32.08.090
Washington § 32.08.090

Legislative History

[1994 c 92 s 315;1955 c 13 s 32.08.080. Prior:1915 c 175 s 6; RRS s 3318.]

Nearby Sections

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Bluebook (online)
Washington § 32.08.080, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.08.080.