Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.36.040 Impairment to be corrected before retirement of notes or debentures

§ 30.36.040. Impairment to be corrected before retirement of notes or debentures

Before such capital notes or debentures are retired or paid by the bank, trust company or mutual savings bank, any existing impairment of its capital stock must be overcome or corrected to the satisfaction of the director.

[1994 c 92 § 78; 1955 c 33 § 30.36.040. Prior: 1935 c 42 § 4; RRS § 3295-4.]

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Last modified: April 7, 2009