Wash. Rev. Code § 30A.36.040

Current through 2024
Section 30A.36.040 - Impairment to be corrected before retirement of notes or debentures

Before such capital notes or debentures are retired or paid by the bank or mutual savings bank, any existing impairment of its capital stock must be overcome or corrected to the satisfaction of the director.

RCW 30A.36.040

Amended by 2014 c 37,§ 207, eff. 1/5/2015.
Recodified from 30.36.040 by 2014 c 37,§ 4, eff. 1/5/2015.
1994 c 92 § 78; 1955 c 33 § 30.36.040. Prior: 1935 c 42 § 4; RRS § 3295-4.