Statutes, codes, and regulations
Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-512 - Banks and trust companies
Section 208-512-370 - Insurance-related activities - Enforcement

Wash. Admin. Code § 208-512-370

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Current through Register Vol. 24-21, November 1, 2024
Section 208-512-370 - Insurance-related activities - Enforcement

It shall be considered an unsafe and unsound practice in conducting the affairs of the bank if in the opinion of the director, the insurance-related activities of a bank or bank subsidiary are:

(1) A violation of WAC 208-512-340, 208-512-350, or 208-512-360; or
(2) A violation of any requirements under Title 48 RCW and the rules of the office of insurance commissioner involving insurance-related activities;
(3) In violation of any applicable state or federal consumer protection law; or
(4) In violation of any applicable state or federal statute prohibiting anti-competitive activities.

Wash. Admin. Code § 208-512-370

Amended by WSR 17-24-053, Filed 12/1/2017, effective 1/1/2018

Statutory Authority: RCW 30.04.030 and 43.320.040. 00-17-141, amended and recodified as § 208-512-370, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW 30.04.030. 90-10-074, § 50-12-370, filed 5/2/90, effective 6/2/90.