Revised Code of Washington
Chapter 30A.12 - Officers, Employees, and Stockholders.
30A.12.230 - Immunity of shareholders of bank insured by the federal deposit insurance corporation.

RCW 30A.12.230
Immunity of shareholders of bank insured by the federal deposit insurance corporation.

The shareholders of a banking corporation organized under the laws of this state and the deposits of which are insured by the federal deposit insurance corporation shall not be liable for any debts or obligations of the bank.

[ 1986 c 279 § 50. Formerly RCW 30.12.230.]

<< Previous
Next >>

Structure Revised Code of Washington

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.12.025 - Rights of shareholder to examine and make extracts of records—Penalty—Financial statements.

30A.12.030 - Fidelity bonds—Casualty insurance.

30A.12.040 - Removal of a board director, officer, or employee—Prohibiting participation in bank or holding company affairs—Grounds—Notice.

30A.12.0401 - Written notice of charges under RCW 30A.12.042.

30A.12.042 - Removal of a director, officer, or employee or prohibiting participation in bank or holding company affairs—Notice contents—Hearing—Order of removal or prohibition.

30A.12.044 - Removal of one or more directors of a bank or holding company—Effect upon quorum—Procedure.

30A.12.045 - Removal of delinquent officer or employee or prohibiting participation in bank affairs—Administrative hearing—Judicial review.

30A.12.046 - Removal of delinquent officer or employee or prohibiting participation in bank affairs—Jurisdiction of courts in enforcement or issuance of orders, injunctions or judicial review.

30A.12.047 - Removal of a director, officer, or employee of a bank or holding company—Violation of final order—Penalty.

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.12.205 - Stock purchase options—Incentive bonus contracts, stock purchase or bonus plans, and profit sharing plans.

30A.12.220 - Preemptive rights of shareholders to acquire unissued shares—Articles of incorporation may limit or permit—Later acquisition.

30A.12.230 - Immunity of shareholders of bank insured by the federal deposit insurance corporation.

30A.12.240 - Violations—Director liability.