RCW 30A.12.110
Commission, etc., for procuring loan—Penalty.
No officer, director, agent, employee or stockholder of any bank shall, directly or indirectly, receive a bonus, commission, compensation, remuneration, gift, speculative interest or gratuity of any kind from any person, firm or corporation other than the bank or as allowed by RCW 30A.12.115 for granting, procuring or endeavoring to procure, for any person, firm or corporation, any loan by or out of the funds of such bank or the purchase or sale of any securities or property for or on account of such bank or for granting or procuring permission for any person, firm or corporation to overdraw any account with such bank. Any person violating this section shall be guilty of a gross misdemeanor.
[ 2014 c 37 § 183; 1986 c 279 § 35; 1955 c 33 § 30.12.110. Prior: 1919 c 209 § 20; RRS § 3290. Formerly RCW 30.12.110.]
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.