RCW 30B.20.005
General prohibition on deposit taking.
Except as authorized by this chapter or other governing law, a trust company may not take or hold deposits of funds in this state unless:
(1) It is authorized to do business in this state as a depository institution; and
(2) Complies with all applicable federal and state laws and regulations respecting the taking and handling of monetary deposits.
[ 2014 c 37 § 360.]
Structure Revised Code of Washington
Title 30B - Washington Trust Institutions Act
Chapter 30B.20 - State Trust Companies—Trust Deposits and Common Trust Funds.
30B.20.005 - General prohibition on deposit taking.
30B.20.010 - Trust deposits as a client investment—Security fund.
30B.20.020 - Common trust funds—Collective investment funds.