Revised Code of Washington - RCW Title 32 Mutual Savings Banks - Chapter 32.16 Officers And Employees

32.16.010 Board of trustees -- Number -- Qualifications
(1) There shall be a board of trustees who shall have the entire management and control of the affairs of the savings bank. The persons ...

32.16.012 Age requirements
The bylaws of a savings bank may prescribe a maximum age beyond which no person shall be eligible for election to the board of trustees ...

32.16.020 Oath of trustees -- Declaration of incumbency -- Not applicable to directors of stock savings banks
(1) Each trustee, whether named in the certificate of authorization or elected to fill a vacancy, shall, when such certificate of authorization has been issued, ...

32.16.030 Vacancies, when to be filled
A vacancy in the board of trustees shall be filled by the board as soon as practicable, at a regular meeting thereof.[1955 c 13 § ...

32.16.040 Quorum -- Meetings
A quorum at any regular or special or adjourned meeting of the board of trustees shall consist of not less than five of whom the ...

32.16.050 Compensation of trustees
(1) A trustee of a savings bank shall not directly or indirectly receive any pay or emolument for services as trustee, except as provided in ...

32.16.060 Change in number of trustees
The board of trustees of every savings bank may, by resolution incorporated in its bylaws, increase or reduce the number of trustees named in the ...

32.16.070 Restrictions on trustees
(1) A trustee of a savings bank shall not, except to the extent permitted for a director of a federal mutual savings bank: (a) Have ...

32.16.080 Removal of trustees -- Vacancies -- Eligibility to reelection
(1) Whenever, in the judgment of three-fourths of the trustees, the conduct and habits of a trustee of any savings bank are of such character ...

32.16.090 Removal of trustee, officer, or employee or prohibition from participation in conduct of affairs on objection of the director -- Grounds -- Notice
Whenever the director finds that: (1) Any trustee, officer, or employee of any mutual savings bank has committed or engaged in: (a) A violation of ...

32.16.093 Notice of intention to remove or prohibit participation in conduct of affairs -- Hearing -- Order of removal and/or prohibition
A notice of an intention to remove a trustee, officer, or employee from office or to prohibit his or her participation in the conduct of ...

32.16.095 Removal of trustees -- Lack of quorum -- Temporary trustees
If at any time because of the removal of one or more trustees under this chapter there shall be on the board of trustees of ...

32.16.097 Penalty for violation of order issued under RCW 32.16.093
Any present or former trustee, officer, or employee of a mutual savings bank or any other person against whom there is outstanding an effective final ...

32.16.100 Examination by trustees' committee -- Report
The trustees of every savings bank, by a committee of not less than three of their number, shall at least annually fully examine the records ...

32.16.110 Officers
The board of trustees shall elect from their number, or otherwise, a president and two vice presidents and such other officers as they may deem ...

32.16.120 Fidelity bonds
The trustees of every savings bank shall have power to require from the officers, clerks, and agents thereof such security for their fidelity and the ...

32.16.130 Conversion of savings and loan association to mutual savings bank -- Director may serve as trustee
In the event a savings and loan association is converted to a mutual savings bank, any person, who at the time of such conversion was ...

32.16.140 Violations -- Director liability
If the directors of any bank shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the bank to violate any ...