§ 32.08.115. Guaranty fund -- Payment of interest and dividends -- Legislative declaration
It is hereby recognized that the savings banks of the state of Washington are affected adversely by the uncertainties and ambiguities in the law relating to guaranty funds. It is the express purpose of the legislature in enacting RCW 32.08.116 to clarify that the law permits payment of interest and dividends from the guaranty funds of savings banks and RCW 32.08.116 shall be liberally construed to that end.
[1982 c 5 § 1.]
Sections: Previous 32.08.060 32.08.061 32.08.070 32.08.080 32.08.090 32.08.100 32.08.110 32.08.115 32.08.116 32.08.120 32.08.130 32.08.140 32.08.142 32.08.145 32.08.146 NextLast modified: April 7, 2009