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Current as of January 01, 2025 | Updated by Findlaw Staff
Every owner, officer, stockholder, agent or employee of any person, firm, corporation or association engaged, wholly or in part, in the business of banking or receiving money or negotiable paper or securities on deposit or in trust, who shall accept or receive, with or without interest, any deposit, or who shall consent thereto or connive thereat, when he or she knows or has good reason to believe that such person, firm, corporation or association is unsafe or insolvent, is guilty of a class B felony and shall be punished by imprisonment in a state correctional facility for not more than ten years, or by a fine of not more than ten thousand dollars.
Cite this article: FindLaw.com - Washington Revised Code Title 9. Crimes and Punishments § 9.24.030. Insolvent bank receiving deposit - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-9-crimes-and-punishments/wa-rev-code-9-24-030/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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