Revised Code of Washington
Chapter 43.320 - Department of Financial Institutions.
43.320.005 - Finding.

RCW 43.320.005
Finding.

The legislature finds that, given the overlap of powers and products in the companies regulated, the consolidation of the agencies regulating financial institutions and securities into one department will better serve the public interest through more effective use of staff expertise. Therefore, for the convenience of administration and the centralization of control and the more effective use of state resources and expertise, the state desires to combine the regulation of financial institutions and securities into one department.

[ 1993 c 472 § 1.]

Structure Revised Code of Washington

Revised Code of Washington

Title 43 - State Government—Executive

Chapter 43.320 - Department of Financial Institutions.

43.320.005 - Finding.

43.320.007 - Regulatory reform—Findings—Construction—1994 c 256.

43.320.010 - Department created.

43.320.011 - Department of general administration and department of licensing powers and duties transferred.

43.320.017 - Collective bargaining agreements.

43.320.020 - Director—Salary—Powers and duties—Examiners, assistants, personnel.

43.320.030 - Director—Qualifications—Conflicts of interest.

43.320.040 - Director's authority to adopt rules.

43.320.045 - Director's duties—Dissemination of information.

43.320.050 - Assistant directors—Divisions—"FDIC" defined.

43.320.060 - Deputization of assistant to exercise powers and duties of director.

43.320.070 - Oath of examiners—Liability for acts performed in good faith.

43.320.080 - Director to maintain office in Olympia—Record of receipts and disbursements—Deposit of funds.

43.320.090 - Borrowing money by director, deputy, or employee—Penalty.

43.320.100 - Annual report—Contents.

43.320.110 - Financial services regulation fund.

43.320.115 - Securities prosecution fund.

43.320.140 - Mortgage lending fraud prosecution account—Created.

43.320.150 - Financial literacy and education programs.

43.320.1501 - Financial literacy—Report to governor and legislature.

43.320.180 - Review of retirement account products proposed for inclusion in the Washington small business retirement marketplace.

43.320.190 - Confidential information—Public records act exemption.

43.320.500 - Financial institution service providers—Definitions.

43.320.510 - Financial institution service providers—Examination.

43.320.520 - Financial institution service providers—Reports of examination from other agencies.

43.320.530 - Financial institution service providers—Confidentiality of reports of examination.

43.320.540 - Financial institution service providers—Examination and information sharing agreements.

43.320.550 - Financial institution service providers—Enforcement.

43.320.560 - Financial institution service providers—Power of director—Rule making.

43.320.900 - Effective date—1993 c 472.