Revised Code of Washington
2024 Archive

Chapter 30A.12 RCW
OFFICERS, EMPLOYEES, AND STOCKHOLDERS
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PDF of Complete Chapter
Sections
30A.12.010DirectorsElectionMeetingsOathVacancies.
30A.12.020Meetings, where heldCorporate records.
30A.12.025Rights of shareholder to examine and make extracts of recordsPenaltyFinancial statements.
30A.12.030Fidelity bondsCasualty insurance.
30A.12.040Removal of a board director, officer, or employeeProhibiting participation in bank or holding company affairsGroundsNotice.
30A.12.0401Written notice of charges under RCW 30A.12.042.
30A.12.042Removal of a director, officer, or employee or prohibiting participation in bank or holding company affairsNotice contentsHearingOrder of removal or prohibition.
30A.12.044Removal of one or more directors of a bank or holding companyEffect upon quorumProcedure.
30A.12.045Removal of delinquent officer or employee or prohibiting participation in bank affairsAdministrative hearingJudicial review.
30A.12.046Removal of delinquent officer or employee or prohibiting participation in bank affairsJurisdiction of courts in enforcement or issuance of orders, injunctions or judicial review.
30A.12.047Removal of a director, officer, or employee of a bank or holding companyViolation of final orderPenalty.
30A.12.060Loans to officers or employees.
30A.12.070Unsafe loans and discounts to directors or officers.
30A.12.090False entries, statements, etc.Penalty.
30A.12.100Destroying or secreting recordsPenalty.
30A.12.110Commission, etc., for procuring loanPenalty.
30A.12.115Transactions in which director or officer has an interest.
30A.12.120Loans to officers or employees from trust fundsPenalty.
30A.12.130Trust company as legal representativeOath by officer.
30A.12.180Levy of assessments.
30A.12.190General penaltyEffect of conviction.
30A.12.205Stock purchase optionsIncentive bonus contracts, stock purchase or bonus plans, and profit sharing plans.
30A.12.220Preemptive rights of shareholders to acquire unissued sharesArticles of incorporation may limit or permitLater acquisition.
30A.12.230Immunity of shareholders of bank insured by the federal deposit insurance corporation.
30A.12.240ViolationsDirector liability.