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Code · Washington · Title 30B — Washington Trust Institutions Act · Chapter 30B.20

RCW 30B.20.005

66 words·~1 min read·/wa/title-30b/chapter-30b-20/30b-20-005·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Except as authorized by this chapter or other governing law, a trust company may not take or hold deposits of funds in this state unless:
(1)It is authorized to do business in this state as a depository institution; and
(2)Complies with all applicable federal and state laws and regulations respecting the taking and handling of monetary deposits.
[ 2014 c 37 s 360 .]
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