Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Chapter 30.36 Capital Notes Or Debentures
- 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, ...
- 30.36.020 Issuance and sale -- Status -- Conversion rights
With the approval of the director, any bank, trust company or mutual savings bank may at any time, through action of its board of directors ...
- 30.36.030 Stock at less than par -- Impairment
Where any bank, trust company or mutual savings bank has issued and has outstanding capital notes or debentures, it may carry its capital stock on ...
- 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 ...
- 30.36.050 Not subject to assessments -- Liability of holders
Such capital notes or debentures shall in no case be subject to any assessment. The holders of such capital notes or debentures shall not be ...
Last modified: April 7, 2009