Washington Code 30A.44.120 – Receiving deposits when insolvent — Penalty
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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.
Attorney's Note
Under the Washington Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
class B felony | up to 10 years | up to $20,000 |