2012 Revised Code of Washington
Title 30 - BANKS AND TRUST COMPANIES
30.36 Capital notes or debentures.
30.36.010 Definitions.
RCW 30.36.010 Definitions.
Capital notes or debentures, where used in this chapter, shall mean notes or other obligations issued by a bank, trust company or mutual savings bank, for money obtained and used as additional capital or to replace impaired capital stock: PROVIDED, Such notes or other obligations are subordinate to the rights of depositors and other creditors.
The term "capital" where used in this chapter shall mean capital stock and/or capital notes.
[1955 c 33 § 30.36.010. Prior: 1935 c 42 § 1; RRS § 3295-1.]
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