RCW 30A.44.120
Receiving deposits when insolvent—Penalty.
An officer, director, or employee of any bank who shall fraudulently receive for it any deposit, knowing that such bank or trust company is insolvent, is guilty of a class B felony punishable according to chapter 9A.20 RCW.
[ 2014 c 37 § 230; 2003 c 53 § 191; 1955 c 33 § 30.44.120. Prior: 1933 c 42 § 26; 1917 c 80 § 81; RRS § 3288. Formerly RCW 30.44.120.]
NOTES:
Intent—Effective date—2003 c 53: See notes following RCW 2.48.180.
Receiving deposits after insolvency prohibited: State Constitution Art. 12 § 12.
Structure Revised Code of Washington
Title 30A - Washington Commercial Bank Act
Chapter 30A.44 - Insolvency and Liquidation.
30A.44.020 - Director may order levy of assessment.
30A.44.030 - Director's right to take possession may be contested.
30A.44.040 - Notice of taking possession.
30A.44.050 - Powers and duties of director.
30A.44.060 - Notice to creditors—Claims.
30A.44.070 - Inventory—List of claims.
30A.44.080 - Objections to approved claims.
30A.44.100 - Receiver prohibited except in emergency.
30A.44.110 - Preferences prohibited—Penalty.
30A.44.120 - Receiving deposits when insolvent—Penalty.
30A.44.130 - Expense of liquidation.
30A.44.140 - Liquidation after claims are paid.
30A.44.150 - Unclaimed dividends—Disposition.
30A.44.160 - Voluntary closing—Possession of the director—Notice.
30A.44.170 - Voluntary liquidation—Notice to creditors.
30A.44.180 - Unclaimed dividends on voluntary liquidation.
30A.44.190 - Disposition of unclaimed personal property.
30A.44.200 - Duty of director—Notice to owner.
30A.44.210 - Final notice after two years—Sale.
30A.44.220 - Disposition of proceeds—Escheat.
30A.44.230 - Procedure as to papers, documents, etc.
30A.44.240 - Transfer of assets and liabilities to another bank.