2005 Washington Revised Code 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.]

Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.