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Washington · Through July 15, 2026

RCW 30A.56.030: Business during postponement.

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Where this section sits in the code
  1. Title 30A
  2. Chapter 30A.56

During postponement of payments the bank shall remain open for business and be in charge of its officers, but shall not make any loans, investments or expenditures except such as the director will approve as necessary to conserve its assets and pay the cost of operation. The bank's failure during a period of postponement to repay deposits existing at the commencement of the period, shall not authorize or require the director to take charge of or liquidate the bank, nor constitute ground for the appointment of a receiver.

Collected 2026-09-06T02:01:42Z. Source file · JSON

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