Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 30A. WASHINGTON COMMERCIAL BANK ACT |
Chapter 30A.04. General provisions. |
Section 30A.04.130. Defaulted debts, judgments to be charged off—Valuation of assets.
Latest version.
- 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.[ 2014 c 37 § 115. Prior: 1994 c 256 § 34; 1994 c 92 § 16; 1986 c 279 § 6; 1955 c 33 § 30.04.130; prior: 1937 c 61 § 1; 1919 c 209 § 15; 1917 c 80 § 47; RRS § 3254. Formerly RCW 30.04.130.]NOTES:Findings—Construction—1994 c 256: See RCW 43.320.007.
2014 c 37 § 115. Prior: 1994 c 256 § 34; 1994 c 92 § 16; 1986 c 279 § 6; 1955 c 33 § 30.04.130; prior: 1937 c 61 § 1; 1919 c 209 § 15; 1917 c 80 § 47; RRS § 3254. Formerly RCW 30.04.130.