§ 30.12.110. Commission, etc., for procuring loan -- Penalty
No officer, director, agent, employee or stockholder of any bank or trust company shall, directly or indirectly, receive a bonus, commission, compensation, remuneration, gift, speculative interest or gratuity of any kind from any person, firm or corporation other than the bank or as allowed by RCW 30.12.115 for granting, procuring or endeavoring to procure, for any person, firm or corporation, any loan by or out of the funds of such bank or trust company or the purchase or sale of any securities or property for or on account of such bank or trust company or for granting or procuring permission for any person, firm or corporation to overdraw any account with such bank or trust company. Any person violating this section shall be guilty of a gross misdemeanor.
[1986 c 279 § 35; 1955 c 33 § 30.12.110. Prior: 1919 c 209 § 20; RRS § 3290.]
Sections: Previous 30.12.045 30.12.046 30.12.047 30.12.060 30.12.070 30.12.090 30.12.100 30.12.110 30.12.115 30.12.120 30.12.130 30.12.180 30.12.190 30.12.205 30.12.220 NextLast modified: April 7, 2009