Wash. Rev. Code § 30A.04.130

Current through 2024

Section 30A.04.130 - Defaulted debts, judgments to be charged off-Valuation of assets

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.

RCW 30A.04.130

Amended by 2014 c 37,§ 115, eff. 1/5/2015.

Recodified from 30.04.130 by 2014 c 37,§ 4, eff. 1/5/2015.

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.

Findings-Construction-1994 c 256: See RCW 43.320.007.