Revised Code of Washington
Chapter 32.08 - Organization and Powers.
32.08.020 - Notice of intention.

RCW 32.08.020
Notice of intention.

At the time of executing the incorporation certificate, the proposed incorporators shall sign a notice of intention to organize the mutual savings bank, which shall specify their names, the name of the proposed corporation, and its location as set forth in the incorporation certificate. The original of such notice shall be filed in the office of the director within sixty days after the date of its execution, and a copy thereof shall be published at least once a week for four successive weeks in a newspaper designated by the director, the publication to be commenced within thirty days after such designation. At least fifteen days before the incorporation certificate is submitted to the director for examination, as provided in RCW 32.08.030, a copy of such notice shall be served upon each savings bank doing business in the city or town named in the incorporation certificate, by mailing such copy (postage prepaid) to such bank.

[ 1994 c 92 § 308; 1955 c 13 § 32.08.020. Prior: 1915 c 175 § 2; RRS § 3314.]

Structure Revised Code of Washington

Revised Code of Washington

Title 32 - Washington Savings Bank Act

Chapter 32.08 - Organization and Powers.

32.08.010 - Authority to organize—Incorporators—Certificate.

32.08.020 - Notice of intention.

32.08.025 - Limited liability company—Organization or conversion—Approval of director—Conditions—Application of chapter 25.15 RCW—Definitions.

32.08.030 - Submission of certificate—Proof of service of notice.

32.08.040 - Examination and action by director.

32.08.050 - Appeal from adverse decision.

32.08.060 - Procedure upon approval.

32.08.061 - Extension of period of existence—Procedure.

32.08.070 - Authorization certificate.

32.08.080 - Conditions precedent to reception of deposits.

32.08.090 - Expense fund—Agreement to contribute further—Security.

32.08.100 - Guaranty fund.

32.08.110 - Guaranty fund—Purpose.

32.08.115 - Guaranty fund—Payment of interest and dividends—Legislative declaration.

32.08.116 - Guaranty fund—Payment of interest and dividends—When authorized.

32.08.120 - Guaranty fund—Replenishment—Dividends.

32.08.130 - Reimbursement fund.

32.08.140 - Powers of bank.

32.08.142 - Additional powers of savings bank—Powers of federal mutual savings bank—Definition—Restrictions.

32.08.145 - Safe deposit companies.

32.08.148 - Operation of branch outside Washington—Powers and authorities.

32.08.150 - Certificates of deposit.

32.08.153 - Additional powers of savings bank—Powers and authorities of national banks on July 28, 1985, or a subsequent date not later than July 28, 2013—Definition—Restrictions.

32.08.157 - Additional powers—Powers and authorities of banks.

32.08.160 - Writing of fire insurance restricted.

32.08.170 - Effect of failure to organize or commence business.

32.08.180 - Extension of existence.

32.08.190 - May borrow from home loan bank.

32.08.210 - Power to act as trustee—Authorized trusts—Limitations—Application to act as trustee, fee—Approval or refusal of application—Right of appeal—Use of word "trust."

32.08.215 - Power to act as trustee for common trust funds under multiple trust agreements—Conditions.

32.08.220 - Findings—Purpose.

32.08.225 - Sale, purchase, etc., of interest rate exchange agreements, loans, or interests therein.

32.08.230 - Restrictions and requirements by director.