Section 30B.38.090. Functionally unregulated out-of-state trust institutions.

Latest version.

Notwithstanding any other provision of this chapter, an out-of-state trust institution engaging in trust business in this state, which is not an exempt person under RCW 30B.04.040 and which by reason of the laws of its home state is not subject to any supervision, examination, or other safety and soundness oversight by a home state regulator, shall be subject to all the requirements of a state trust company under this title.

[ 2014 c 37 § 375.]

2014 c 37 § 375.

                    
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