Revised Code of Washington
Chapter 30A.42 - Alien Banks.
30A.42.290 - Compliance—Violations—Penalties.

RCW 30A.42.290
Compliance—Violations—Penalties.

(1) The director shall have the responsibility for assuring compliance with the provisions of this chapter. An alien bank that conducts business in this state in violation of any provisions of this chapter is guilty of a misdemeanor and in addition thereto shall be liable in the sum of one hundred dollars per day that each such offense continues, such sum to be recovered by the attorney general in a civil action in the name of the state.
(2) Every person who shall knowingly subscribe to or make or cause to be made any false entry in the books of any alien bank office or bureau doing business in this state pursuant to this chapter or shall knowingly subscribe to or exhibit any false or fictitious paper or security, instrument or paper, with the intent to deceive any person authorized to examine into the affairs of any such office or bureau or shall make, state or publish any false statement of the amount of the assets or liabilities of any such office or bureau is guilty of a class B felony punishable according to chapter 9A.20 RCW.
(3) Every director or member of the governing body, officer, employee or agent of such alien bank operating an office or bureau in this state who conceals or destroys any fact or otherwise suppresses any evidence relating to a violation of this chapter is guilty of a class B felony punishable according to chapter 9A.20 RCW.
(4) Any person who transacts business in this state on behalf of an alien bank which is subject to the provisions of this chapter, but which is not authorized to transact such business pursuant to this chapter is guilty of a misdemeanor and in addition thereto shall be liable in the sum of one hundred dollars per day for each day that such offense continues, such sum to be recovered by the attorney general in a civil action in the name of the state.

[ 2003 c 53 § 189; 1994 c 92 § 99; 1973 1st ex.s. c 53 § 29. Formerly RCW 30.42.290.]
NOTES:

Intent—Effective date—2003 c 53: See notes following RCW 2.48.180.

Structure Revised Code of Washington

Revised Code of Washington

Title 30A - Washington Commercial Bank Act

Chapter 30A.42 - Alien Banks.

30A.42.010 - Purpose.

30A.42.020 - Definitions.

30A.42.030 - Authorization and compliance with chapter required.

30A.42.040 - More than one office prohibited.

30A.42.050 - Acquisition or serving on board of directors or trustees of other financial institutions 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.42.170 - Advertising, status of federal insurance on deposits to be included—Gifts for new deposits.

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.42.260 - Reports.

30A.42.270 - Taxation.

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.42.320 - Rules.

30A.42.330 - Fees.

30A.42.340 - Alien banks or branches in business on or before effective date.