RCW 30A.42.340
Alien banks or branches in business on or before effective date.
(1) Any branch of an alien bank that is conducting business in this state on July 16, 1973 pursuant to RCW 30A.04.300 shall not be subject to the provisions of this chapter, and shall continue to conduct its business pursuant to RCW 30A.04.300.
(2) Except as provided in subsection (1) of this section, any alien bank that is conducting business in this state on July 16, 1973 shall be subject to the provisions of this chapter: PROVIDED, That any such alien bank which has operated an agency or similar operation in this state for at least the five years immediately preceding such effective date shall not be denied a certificate to operate an agency.
[ 2014 c 37 § 222; 1973 1st ex.s. c 53 § 34. Formerly RCW 30.42.340.]
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.