RCW 30A.42.220
Bureaus—Approval—Certificate of authority—Time limit for commencing business.
If the director approves the application, he or she shall notify the alien bank of his or her approval and shall file certified copies of its charter, certificate, or other authorization to do business with the secretary of state and with the recording officer of the county in which the bureau is to be located. Upon such filing, the director shall issue a certificate of authority stating that the alien bank is authorized to operate a bureau in this state at the place designated in accordance with this chapter. No such certificate shall be transferable or assignable. Such certificate shall be conspicuously displayed at all times in the place of business specified therein.
A bureau of an alien bank must commence business within six months after the issuance of the director's certificate: PROVIDED, That the director for good cause shown may extend such period for an additional time not to exceed three months.
[ 1994 c 92 § 94; 1973 1st ex.s. c 53 § 22. Formerly RCW 30.42.220.]
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
30A.42.030 - Authorization and compliance with chapter required.
30A.42.040 - More than one office prohibited.
30A.42.060 - Conditions to be met before opening office in state.
30A.42.070 - Allocated paid-in capital—Requirements.
30A.42.080 - Separate assets—Books and records—Priority as to assets.
30A.42.090 - Approval of application—Criteria—Reciprocity.
30A.42.100 - Notice of approval—Filing—Time period for commencing business.
30A.42.105 - Power to make loans and to guarantee obligations.
30A.42.115 - Solicitation and acceptance of deposits.
30A.42.120 - Requirements for accepting deposits or transacting business.
30A.42.130 - Taking possession by director—Reasons—Disposition of deposits—Claims—Priorities.
30A.42.140 - Investigations—Examinations.
30A.42.145 - Examination reports and information—Confidential—Privileged—Penalty.
30A.42.150 - Loans subject to usury laws.
30A.42.155 - Powers and activities.
30A.42.160 - Powers as to real estate.
30A.42.180 - Approved agencies—Powers and activities.
30A.42.190 - Bonding requirements for officers and employees.
30A.42.200 - Books and accounts—English language.
30A.42.210 - Bureaus—Application procedure.
30A.42.220 - Bureaus—Approval—Certificate of authority—Time limit for commencing business.
30A.42.230 - Bureaus—Number—Powers.
30A.42.240 - Bureaus—Examinations.
30A.42.250 - Temporary facilities at trade fairs, etc.
30A.42.280 - Directors, officers, and employees—Duties, responsibilities and restrictions—Removal.
30A.42.290 - Compliance—Violations—Penalties.
30A.42.300 - Suspension or revocation of certificate to operate—Grounds.
30A.42.310 - Change of location.
30A.42.340 - Alien banks or branches in business on or before effective date.