Chapter 30A.12 RCW

OFFICERS, EMPLOYEES, AND STOCKHOLDERS

Sections
DirectorsElectionMeetingsOathVacancies.
Meetings, where heldCorporate records.
Rights of shareholder to examine and make extracts of recordsPenaltyFinancial statements.
Fidelity bondsCasualty insurance.
Removal of a board director, officer, or employeeProhibiting participation in bank or holding company affairsGroundsNotice.
Written notice of charges under RCW 30A.12.042.
Removal of a director, officer, or employee or prohibiting participation in bank or holding company affairsNotice contentsHearingOrder of removal or prohibition.
Removal of one or more directors of a bank or holding companyEffect upon quorumProcedure.
Removal of delinquent officer or employee or prohibiting participation in bank affairsAdministrative hearingJudicial review.
Removal of delinquent officer or employee or prohibiting participation in bank affairsJurisdiction of courts in enforcement or issuance of orders, injunctions or judicial review.
Removal of a director, officer, or employee of a bank or holding companyViolation of final orderPenalty.
Loans to officers or employees.
Unsafe loans and discounts to directors or officers.
False entries, statements, etc.Penalty.
Destroying or secreting recordsPenalty.
Commission, etc., for procuring loanPenalty.
Transactions in which director or officer has an interest.
Loans to officers or employees from trust fundsPenalty.
Trust company as legal representativeOath by officer.
Levy of assessments.
General penaltyEffect of conviction.
Stock purchase optionsIncentive bonus contracts, stock purchase or bonus plans, and profit sharing plans.
Preemptive rights of shareholders to acquire unissued sharesArticles of incorporation may limit or permitLater acquisition.
Immunity of shareholders of bank insured by the federal deposit insurance corporation.
ViolationsDirector liability.
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