RCW 30B.12.070
Bonding requirements.
The board of a state trust company shall require protection and indemnity for clients in reasonable amounts consistent with the bonding requirements for a state bank under RCW 30A.12.030 and as may further be established by rule adopted under this chapter, against dishonesty, fraud, defalcation, forgery, theft, and other similar insurable losses, with corporate insurance or surety companies.
[ 2014 c 37 § 353.]
Structure Revised Code of Washington
Title 30B - Washington Trust Institutions Act
Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.
30B.12.005 - Voting securities held by state trust company.
30B.12.020 - Board of directors, managers, or managing participants.
30B.12.030 - Required board meetings.
30B.12.050 - Certain criminal offenses.
30B.12.060 - Board's responsibility.
30B.12.070 - Bonding requirements.
30B.12.080 - Reports of apparent crime.
30B.12.090 - Administration of fiduciary powers.
30B.12.100 - Audit—Fiduciary audit committee.
30B.12.110 - Shareholders—Actions authorized without meetings—Written consent.
30B.12.120 - Directors, committees—Actions authorized without meetings—Written consent.
30B.12.140 - Fidelity bonds—Liability insurance—Additional insurance—Authority of director.