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Washington Revised Code Title 30B. Washington Trust Institutions Act § 30B.12.070. Bonding requirements

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

The board of a state trust company shall require protection and indemnity for clients in reasonable amounts consistent with the bonding requirements for a state bank under RCW 30A.12.030 and as may further be established by rule adopted under this chapter, against dishonesty, fraud, defalcation, forgery, theft, and other similar insurable losses, with corporate insurance or surety companies.

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Cite this article: FindLaw.com - Washington Revised Code Title 30B. Washington Trust Institutions Act § 30B.12.070. Bonding requirements - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-30b-washington-trust-institutions-act/wa-rev-code-30b-12-070/

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