Revised Code of Washington
Chapter 32.08 - Organization and Powers.
32.08.157 - Additional powers—Powers and authorities of banks.

RCW 32.08.157
Additional powers—Powers and authorities of banks.

Notwithstanding any restrictions, limitations, and requirements of law, in addition to all powers, express or implied, that a mutual savings bank has under this title, a mutual savings bank has the powers and authorities that a bank has under *Title 30 RCW. As used in this section, "powers and authorities" include without limitation powers and authorities in corporate governance matters.
The restrictions, limitations, and requirements applicable to specific powers or authorities of banks apply to mutual savings banks exercising those powers or authorities permitted under this section but only insofar as the restrictions, limitations, and requirements relate to exercising the powers or authorities granted mutual savings banks solely under this section.

[ 2003 c 24 § 6.]
NOTES:

*Reviser's note: Title 30 RCW was recodified and/or repealed pursuant to 2014 c 37, effective January 5, 2015.

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.