Washington Revised Code Title 30A. Washington Commercial Bank Act § 30A.04.130. Defaulted debts, judgments to be charged off--Valuation of assets

Based on examinations directed pursuant to RCW 30A.04.060 or other appropriate information, all assets or portion thereof that the director may have required a bank to charge off shall be charged off. No bank shall enter or at any time carry on its books any of its assets or liabilities at a valuation contrary to generally accepted accounting principles.