RCW 30A.12.0401
Written notice of charges under RCW 30A.12.042.
The director may serve written notice of charges under RCW 30A.12.040 to suspend a person from further participation in any manner in the conduct of the affairs of a bank or holding company, if the director determines that such an action is necessary for the protection of the bank, or the interests of the depositors of the bank. Any suspension notice issued by the director is effective upon service, and unless the superior court of the county of its principal place of business issues a stay of the order, remains in effect and enforceable until:
(1) The director dismisses the charges contained in the notice served to the person; or
(2) The effective date of a final order for removal of the person under RCW 30A.12.040.
[ 2014 c 37 § 175; 2010 c 88 § 21. Formerly RCW 30.12.0401.]
NOTES:
Effective date—2010 c 88: See RCW 32.50.900.
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
Chapter 30A.12 - Officers, Employees, and Stockholders.
30A.12.010 - Directors—Election—Meetings—Oath—Vacancies.
30A.12.020 - Meetings, where held—Corporate records.
30A.12.030 - Fidelity bonds—Casualty insurance.
30A.12.0401 - Written notice of charges under RCW 30A.12.042.
30A.12.060 - Loans to officers or employees.
30A.12.070 - Unsafe loans and discounts to directors or officers.
30A.12.090 - False entries, statements, etc.—Penalty.
30A.12.100 - Destroying or secreting records—Penalty.
30A.12.110 - Commission, etc., for procuring loan—Penalty.
30A.12.115 - Transactions in which director or officer has an interest.
30A.12.120 - Loans to officers or employees from trust funds—Penalty.
30A.12.130 - Trust company as legal representative—Oath by officer.
30A.12.180 - Levy of assessments.
30A.12.190 - General penalty—Effect of conviction.
30A.12.230 - Immunity of shareholders of bank insured by the federal deposit insurance corporation.