Receiving deposits when insolvent—Penalty.

  1. Law
  2. Revised Code of Washington
  3. Washington Commercial Bank Act
  4. Insolvency and Liquidation.
  5. 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.


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