Washington Code 30B.04.100 – Investment in corporations — Subsidiaries
Current as of: 2023 | Check for updates
|
Other versions
Except as otherwise provided by this chapter or rules adopted under this chapter, a state trust company may invest in corporations, limited liability companies, and other entities, and may acquire or establish a *subsidiary to conduct any activity that may lawfully be conducted through the form of organization chosen for the *subsidiary, in accordance with that which is permissible for state banks under RCW 30A.04.125 and 30A.04.127.
[ 2014 c 37 § 312.]
NOTES:
*Reviser’s note: RCW 30B.04.005 was amended by 2019 c 389 § 2, deleting the definition of “subsidiary.”
Terms Used In Washington Code 30B.04.100
- Company: includes a bank, trust company, corporation, limited liability company, partnership, association, business trust, or another trust. See Washington Code 30B.04.005
- State: means a state of the United States, the District of Columbia, a territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands. See Washington Code 30B.04.005