Based on examinations directed pursuant to RCW 30A.04.060 or other appropriate information, all assets or portion thereof that the director may have required a bank to charge off shall be charged off. No bank shall enter or at any time carry on its books any of its assets or liabilities at a valuation contrary to generally accepted accounting principles.
[ 2014 c 37 s 115. Prior: 1994 c 256 s 34; 1994 c 92 s 16; 1986 c 279 s 6; 1955 c 33 s 30.04.130; prior: 1937 c 61 s 1; 1919 c 209 s 15; 1917 c 80 s 47; RRS s 3254. Formerly RCW 30.04.130.]
Notes:
Findings—Construction—1994 c 256: See RCW 43.320.007.