RCW 30A.04.130
Defaulted debts, judgments to be charged off—Valuation of assets.
Based on examinations directed pursuant to RCW 30A.04.060 or other appropriate information, all assets or portion thereof that the director may have required a bank to charge off shall be charged off. No bank shall enter or at any time carry on its books any of its assets or liabilities at a valuation contrary to generally accepted accounting principles.
[ 2014 c 37 § 115. Prior: 1994 c 256 § 34; 1994 c 92 § 16; 1986 c 279 § 6; 1955 c 33 § 30.04.130; prior: 1937 c 61 § 1; 1919 c 209 § 15; 1917 c 80 § 47; RRS § 3254. Formerly RCW 30.04.130.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
Chapter 30A.04 - General Provisions.
30A.04.005 - Legislative declarations.
30A.04.007 - Notice—Use of internet—Rules.
30A.04.017 - Director's subpoenas—Unauthorized banking activity.
30A.04.020 - Use of words indicating bank or trust company—Penalty.
30A.04.025 - Financial institutions—Loan charges—Out-of-state national banks.
30A.04.030 - Rules—Administration and interpretation of title.
30A.04.045 - Director—Powers under chapter 19.144 RCW.
30A.04.050 - Duty to comply—Violations—Penalty.
30A.04.060 - Examinations directed—Cooperative agreements and actions.
30A.04.070 - Costs of examination, filing, and other service fees—Nondirect expenses.
30A.04.075 - Examination reports and information—Confidentiality—Disclosure—Penalty.
30A.04.112 - "Loans or obligations" and "liabilities" limited for purposes of RCW 30.04.111.
30A.04.120 - Loans on own stock prohibited—Shares of other corporations.
30A.04.125 - Investment in corporations—Authorized businesses.
30A.04.129 - Investment in obligations issued or guaranteed by multilateral development bank.
30A.04.130 - Defaulted debts, judgments to be charged off—Valuation of assets.
30A.04.140 - Pledge of securities or assets prohibited—Exceptions.
30A.04.210 - Real estate holdings.
30A.04.212 - Real property and improvements thereon.
30A.04.214 - Qualifying community investments.
30A.04.215 - Engaging in other business activities.
30A.04.220 - Corporations existing under former laws.
30A.04.225 - Contributions and gifts.
30A.04.238 - Purchase of own capital stock authorized.
30A.04.240 - Trust business to be kept separate—Authorized deposit of securities.
30A.04.260 - Legal services, advertising of—Penalty.
30A.04.280 - Compliance enjoined—Banking, trust business, branches—Director's authority—Rules.
30A.04.295 - Agency agreements—Written notice to director.
30A.04.300 - Foreign branch banks.
30A.04.330 - Saturday closing authorized.
30A.04.375 - Investment in stock, participation certificates, and other evidences of participation.
30A.04.390 - Acquisition of stock of banks organized under laws of foreign country, etc.
30A.04.395 - Continuing authority for investments.
30A.04.400 - Bank acquisition or control—Definitions.
30A.04.410 - Bank acquisition or control—Disapproval by director—Change of officers.
30A.04.450 - Notice of charges—Reasons for issuance—Contents—Hearing—Cease and desist order.
30A.04.455 - Temporary cease and desist order—Reasons for issuance.
30A.04.465 - Violations or unsafe or unsound practices—Injunction to enforce temporary order.
30A.04.500 - Fairness in lending act—Short title.
30A.04.505 - Fairness in lending act—Definitions.
30A.04.510 - Fairness in lending act—Unlawful practices.
30A.04.515 - Fairness in lending act—Sound underwriting practices not precluded.
30A.04.550 - Reorganization as subsidiary of bank holding company—Authority.
30A.04.555 - Reorganization as subsidiary of bank holding company—Procedure.
30A.04.560 - Reorganization as subsidiary of bank holding company—Dissenter's rights—Conditions.
30A.04.575 - Public hearing prior to approval of reorganization—Request.
30A.04.600 - Shareholders—Actions authorized without meetings—Written consent.
30A.04.605 - Directors, committees—Actions authorized without meetings—Written consent.
30A.04.650 - Automated teller machines and night depositories security.