§ 30.36.010. Definitions
Capital notes or debentures, where used in this chapter, shall mean notes or other obligations issued by a bank, trust company or mutual savings bank, for money obtained and used as additional capital or to replace impaired capital stock: PROVIDED, Such notes or other obligations are subordinate to the rights of depositors and other creditors.
The term "capital" where used in this chapter shall mean capital stock and/or capital notes.
[1955 c 33 § 30.36.010. Prior: 1935 c 42 § 1; RRS § 3295-1.]
Sections: 30.36.010 30.36.020 30.36.030 30.36.040 30.36.050 NextLast modified: April 7, 2009