§ 32.08.010 Authority to organize — Incorporators — Certificate
§ 32.08.020 Notice of intention
§ 32.08.025 Limited liability company — Organization or conversion — Approval of director — Conditions — Application of chapter 25.15 RCW — Definitions
§ 32.08.030 Submission of certificate — Proof of service of notice
§ 32.08.040 Examination and action by director
§ 32.08.050 Appeal from adverse decision
§ 32.08.060 Procedure upon approval
§ 32.08.061 Extension of period of existence — Procedure
§ 32.08.070 Authorization certificate
§ 32.08.080 Conditions precedent to reception of deposits
§ 32.08.090 Expense fund — Agreement to contribute further — Security
§ 32.08.100 Guaranty fund
§ 32.08.110 Guaranty fund — Purpose
§ 32.08.115 Guaranty fund — Payment of interest and dividends — Legislative declaration
§ 32.08.116 Guaranty fund — Payment of interest and dividends — When authorized
§ 32.08.120 Guaranty fund — Replenishment — Dividends
§ 32.08.130 Reimbursement fund
§ 32.08.140 Powers of bank
§ 32.08.142 Additional powers of savings bank — Powers of federal mutual savings bank — Definition — Restrictions
§ 32.08.145 Safe deposit companies
§ 32.08.148 Operation of branch outside Washington — Powers and authorities
§ 32.08.150 Certificates of deposit
§ 32.08.153 Additional powers of savings bank — Powers and authorities of national banks on July 28, 1985, or a subsequent date not later than July 28, 2013 — Definition — Restrictions
§ 32.08.157 Additional powers — Powers and authorities of banks
§ 32.08.160 Writing of fire insurance restricted
§ 32.08.170 Effect of failure to organize or commence business
§ 32.08.180 Extension of existence
§ 32.08.190 May borrow from home loan bank
§ 32.08.210 Power to act as trustee — Authorized trusts — Limitations — Application to act as trustee, fee — Approval or refusal of application — Right of appeal — Use of word “trust.”
§ 32.08.215 Power to act as trustee for common trust funds under multiple trust agreements — Conditions
§ 32.08.220 Findings — Purpose
§ 32.08.225 Sale, purchase, etc., of interest rate exchange agreements, loans, or interests therein
§ 32.08.230 Restrictions and requirements by director

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Terms Used In Washington Code > Chapter 32.08 - Organization and powers

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Inter vivos: Transfer of property from one living person to another living person.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: as used in this title includes deed of trust. See Washington Code 32.04.022
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • real property: as used in this title shall include apartments or other portions, however designated, of horizontal property regimes, or a condominium interest in property, as may be created under any laws now in existence or hereafter enacted. See Washington Code 32.04.025
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.