Washington Statutes

§ 32.08.110 — Guaranty fund—Purpose.

Washington § 32.08.110
JurisdictionWashington
Title 32WASHINGTON SAVINGS BANK ACT
Ch. 32.08ORGANIZATION AND POWERS

This text of Washington § 32.08.110 (Guaranty fund—Purpose.) 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 § 32.08.110 (2026).

Text

The contributions of the incorporators, or trustees of any such savings bank under the provisions of RCW 32.08.100 , and the sums credited thereto from its net earnings under the provisions of RCW 32.08.120 , shall constitute a guaranty fund for the security of its depositors, and shall be held to meet any contingency or loss in its business from depreciation of its securities or otherwise, and for no other purpose except as provided in RCW 32.08.130 , and RCW 32.12.090 (5).

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Related

§ 32.08.100
Washington § 32.08.100
§ 32.08.120
Washington § 32.08.120
§ 32.08.130
Washington § 32.08.130
§ 32.12.090
Washington § 32.12.090

Legislative History

[1955 c 13 s 32.08.110. Prior:1915 c 175 s 21; RRS s 3350.]

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Bluebook (online)
Washington § 32.08.110, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.08.110.