Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 30A. WASHINGTON COMMERCIAL BANK ACT |
Chapter 30A.44. Insolvency and liquidation. |
Section 30A.44.120. Receiving deposits when insolvent—Penalty.
Latest version.
- An officer, director, or employee of any bank who shall fraudulently receive for it any deposit, knowing that such bank or trust company is insolvent, is guilty of a class B felony punishable according to chapter 9A.20 RCW.[ 2014 c 37 § 230; 2003 c 53 § 191; 1955 c 33 § 30.44.120. Prior: 1933 c 42 § 26; 1917 c 80 § 81; RRS § 3288. Formerly RCW 30.44.120.]NOTES:Intent—Effective date—2003 c 53: See notes following RCW 2.48.180.Receiving deposits after insolvency prohibited: State Constitution Art. 12 § 12.
2014 c 37 § 230; 2003 c 53 § 191; 1955 c 33 § 30.44.120. Prior: 1933 c 42 § 26; 1917 c 80 § 81; RRS § 3288. Formerly RCW 30.44.120.