RCW 30A.42.010
104 words·~1 min read·
/wa/title-30a/chapter-30a-42/30a-42-010·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purpose of this chapter is to establish a legal and regulatory framework for operation by alien banks in the state of Washington that will:
(1)Create a financial climate which will benefit the economy of the state of Washington;
(2)Provide a well regulated and supervised financial system to assist the movement of foreign capital into Washington state for the support and diversification of the local industrial base;
(3)Assist the development of the economy of the state of Washington without disrupting business relationships of state and federal financial institutions.
[ 1973 1st ex.s. c 53 s 1 . Formerly RCW 30.42.010 .]