Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Chapter 30.08 Organization And Powers

30.08.010 Incorporators -- Paid-in capital stock, surplus, and undivided profits -- Requirements
When authorized by the director, as hereinafter provided, one or more natural persons, citizens of the United States, may incorporate a bank or trust company ...

30.08.020 Notice of intention to organize -- Proposed articles of incorporation -- Contents
Persons desiring to incorporate a bank or trust company shall file with the director a notice of their intention to organize a bank or trust ...

30.08.025 Limited liability company -- Organization or conversion -- Approval of director -- Conditions -- Application of chapter 25.15 RCW -- Definitions
(1) Notwithstanding any other provision of this title, if the conditions of this section are met, a bank, or a holding company of a bank, ...

30.08.030 Investigation
When the notice of intention to organize and proposed articles of incorporation complying with the foregoing requirements have been received by the director, together with ...

30.08.040 Notice to file articles -- Articles approved or refused -- Hearing
After the director is satisfied of the above facts, and, within six months of the date the notice of intention to organize has been received ...

30.08.050 Approved articles to be filed and recorded -- Organization complete
In case of approval the director shall forthwith give notice thereof to the proposed incorporators and file one of the triplicate articles of incorporation in ...

30.08.055 Amending articles -- Filing with director -- Contents
A bank or trust company amending its articles of incorporation shall deliver articles of amendment to the director for filing as required for articles of ...

30.08.060 Certificate of authority -- Issuance -- Contents
Before any bank or trust company shall be authorized to do business, and within ninety days after approval of the articles of incorporation or such ...

30.08.070 Failure to commence business -- Effect -- Extension of time
Every corporation heretofore or hereafter authorized by the laws of this state to do business as a bank or trust company, which corporation shall have ...

30.08.080 Extension of existence -- Application -- Investigation -- Certificate -- Appeal -- Winding up for failure to continue existence
At any time not less than one year prior to the expiration of the time of the existence of any bank or trust company, it ...

30.08.081 Shares -- Certificates not required
(1) Shares of a bank or trust company may, but need not be, represented by certificates. Unless this title expressly provides otherwise, the rights and ...

30.08.082 Authority to issue preferred or special classes of stock
(1) Notwithstanding any other provisions of law and if so authorized by its articles of incorporation or amendments thereto made in the manner provided in ...

30.08.083 Authority to divide classes into series -- Rights and preferences -- Filing of statement
(1) If the articles of incorporation shall expressly vest authority in the board of directors, then, to the extent that the articles of incorporation shall ...

30.08.084 Rights of holders of preferred or special classes of stock -- Preference in dividends and liquidation
Notwithstanding any other provisions of law, whether relating to restriction upon the payment of dividends upon capital stock or otherwise, the holders of shares of ...

30.08.086 Determination of capital impairment when capital consists of preferred stock
If any part of the capital of a bank and trust company consists of preferred stock, the determination of whether or not the capital of ...

30.08.087 Authorized but unissued shares of capital stock -- Issuance -- Consideration
Any bank or trust company may provide in its articles of incorporation or amendments thereto for authorized but unissued shares of its capital stock. The ...

30.08.088 Authorized but unissued shares of capital stock -- When shares become part of capital stock
The authorized but unissued shares shall not become a part of the capital stock until they have been issued and paid for.[1994 c 256 § ...

30.08.090 Amendment of articles -- Procedure
Unless the articles of incorporation provide otherwise, the board of directors of a bank or trust company may, by majority vote, amend the bank or ...

30.08.092 Increase or decrease of capital stock authorized
A bank or trust company may increase or decrease its capital stock by amendment to its articles of incorporation. No issuance of capital stock shall ...

30.08.095 Schedule of fees to be established
The director shall collect fees for the following services: For filing application for certificate of authority and attendant investigation as outlined in the law; For ...

30.08.140 Corporate powers of banks
Upon the issuance of a certificate of authority to a bank, the persons named in the articles of incorporation and their successors shall thereupon become ...

30.08.150 Corporate powers of trust companies
Upon the issuance of a certificate of authority to a trust company, the persons named in the articles of incorporation and their successors shall thereupon ...

30.08.155 Powers and authorities of trust companies -- Federally chartered trust companies -- Findings of director
Notwithstanding any restrictions, limitations, and requirements of law, in addition to all powers, express or implied, that a trust company has under the laws of ...

30.08.160 Report of bond liability -- Collateral
Any trust company receiving moneys for investment, and for which it shall give its bonds as in RCW 30.08.150(12) provided, shall within ten days after ...

30.08.170 Securities may be held in name of nominee
Any trust company incorporated under the laws of this state and any national banking association authorized to act in a fiduciary capacity in this state, ...

30.08.180 Reports of resources and liabilities
Every bank and trust company shall make at least three regular reports each year to the director, as of the dates which he or she ...

30.08.190 Time of filing -- Availability -- Penalty
(1) Every regular report shall be filed with the director within thirty days from the date of issuance of the notice. Every special report shall ...