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Washington Revised Code Title 30A. Washington Commercial Bank Act § 30A.36.010. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

Capital notes or debentures, where used in this chapter, shall mean notes or other obligations issued by a bank or mutual savings bank, for money obtained and used as additional capital or to replace impaired capital stock: PROVIDED, Such notes or other obligations are subordinate to the rights of depositors and other creditors.

The term “capital” where used in this chapter shall mean capital stock and/or capital notes.

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Cite this article: FindLaw.com - Washington Revised Code Title 30A. Washington Commercial Bank Act § 30A.36.010. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-30a-washington-commercial-bank-act/wa-rev-code-30a-36-010/

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