Revised Code of Washington - RCW Title 32 Mutual Savings Banks - Section 32.20.010 Definitions

§ 32.20.010. Definitions

The words "mutual savings bank" and "savings bank," whenever used in this chapter, shall mean a mutual savings bank organized and existing under the laws of the state of Washington.

The words "its funds," whenever used in this chapter, shall mean and include moneys deposited with or borrowed by a mutual savings bank, sums credited to the guaranty fund of a mutual savings bank, and the income derived from such deposits or fund, or both, and the principal balance of any outstanding capital notes, and capital debentures.

[1999 c 14 § 24; 1977 ex.s. c 241 § 2; 1955 c 13 § 32.20.010. Prior: 1929 c 74 § 1; RRS § 3381-1.]

Notes:
     Severability -- 1999 c 14: See RCW 32.35.900.

Sections:  32.20.010  32.20.020  32.20.030  32.20.035  32.20.040  32.20.045  32.20.047  32.20.050  32.20.060  32.20.070  32.20.080  32.20.090  32.20.100  32.20.110  32.20.120  Next

Last modified: April 7, 2009