reglab/housing_qa huggingface dataset:
WA Rev Code § 30B.10.150 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.150 - Notice of charges.

RCW 30B.10.150 Notice of charges.(1) The director may issue and serve a notice of charges upon:(a) A state trust institution;(b) An affiliate of a state trust institution;(c) A director, officer, manager, employee, or agent of a state trust institution or its affiliate; or(d) Any other person subject to the jurisdiction of the department under this title including, without limitation, a person engaged in unauthorized trust activity.(2) Such notice of charges may be issued to and served upon any person or entity described in subsection (1) of this section whenever such person or entity:(a) Has engaged in an unsafe or unsound practice;(b) Has violated any provision of RCW 30B.10.050; or(c) Is planning, attempting, or currently conducting any act prohibited in (a) or (b) of this subsection.(3) The notice shall contain a statement of the facts constituting the acts or omissions specified in subsection (2) of this section.(4) The notice shall set a time and place at which a hearing will be held to determine whether the following remedies should be granted:(a) An order to cease and desist any of the acts or omissions specified in subsection (2) of this section;(b) An order compelling affirmative action to redress any of the acts or omissions specified in subsection (2) of this section;(c) An order imposing fines as authorized by RCW 30B.10.070;(d) Restitution to beneficiaries, trustors, or other aggrieved persons;(e) Costs and expenses related to investigation and enforcement, including attorney fees; and(f) Other remedies authorized by law.[ 2019 c 389 § 21.]
WA Rev Code § 30B.10.160 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.160 - Hearing—Schedule—Default.

RCW 30B.10.160 Hearing—Schedule—Default.(1) The hearing shall be held not earlier than ten days or later than thirty days after service of the notice set forth in RCW 30B.10.150, unless a later date is set by the director for good cause as requested by the respondent.(2) Unless the respondent appears at the hearing set forth in subsection (1) of this section, a default order granting any of the remedies or sanctions set forth in the notice and statement of charges may be issued by the presiding officer, consistent with RCW 34.05.440(2).(3) A respondent may file with the presiding officer, within seven days of service of the default order, a motion to set aside a default order consistent with RCW 34.05.440(3). If the presiding officer does not issue a ruling within five business days of the motion being filed, then the motion to set aside is denied.[ 2019 c 389 § 22.]
WA Rev Code § 30B.10.170 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.170 - Hearing—Order—Review or appeal.

RCW 30B.10.170 Hearing—Order—Review or appeal.(1) The presiding officer shall have sixty days after the hearing to issue an order, including findings of fact and conclusions of law, consistent with RCW 34.05.461(3).(2) If the director has not delegated his or her authority to a presiding officer to issue a final order, a party may bring a petition for review of the presiding officer's initial order before the director, consistent with RCW 34.05.464.(3) If the director has previously delegated his or her authority for the presiding officer to issue a final order, then the order of such presiding officer shall be final and may be appealable to the superior court of Washington, consistent with RCW 34.05.514.(4) The commencement of proceedings for judicial review shall not operate as a stay of any order issued by the director unless specifically ordered by the court.[ 2019 c 389 § 23.]
WA Rev Code § 30B.10.190 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.190 - Order of prohibition against third-party service providers—Grounds—Notice.

RCW 30B.10.190 Order of prohibition against third-party service providers—Grounds—Notice.(1) The director may issue and serve a state trust institution, or its affiliate, with written notice of intent to prohibit it from permitting a third-party service provider of such state trust institution or affiliate from participating in the conduct of the affairs of the state trust institution, whenever:(a) The third-party service provider commits an unsafe or unsound practice, or a violation or practice involving a breach of fiduciary duty, personal dishonesty, recklessness, or incompetence; and(b)(i) The state trust institution or its affiliate has suffered or is likely to suffer substantial financial loss or other damage; or(ii) The interests of the state trust institution, or its affiliate, or their beneficiaries, trustors, shareholders, or the general public in Washington state could be seriously prejudiced by reason of the violation or practice of the third-party service provider.(2) The director shall also serve any affected third-party service provider with the notice described in subsection (1) of this section, and such third-party service provider shall be deemed a real party in interest with the same right to notice and right to intervene in the administrative action and defend against it as if the third-party service provider were the respondent.[ 2019 c 389 § 26.]
WA Rev Code § 30B.10.200 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.200 - Notice of intention to remove or prohibit participation in conduct of affairs—Hearing—Order.

RCW 30B.10.200 Notice of intention to remove or prohibit participation in conduct of affairs—Hearing—Order.(1) A notice pursuant to RCW 30B.10.080 or 30B.10.190 shall:(a) Contain a statement of the facts that constitute grounds for removal or prohibition; and(b) Set a time and place at which a hearing will be held.(2) The hearing shall be set not earlier than ten days or later than thirty days after the date of service of the notice unless an earlier or later date is set by the director at the request of the board trustee or director, officer, or employee for good cause shown or at the request of the attorney general of the state.(3) Unless the respondent appears at the hearing personally or by a representative authorized under WAC 208-08-030, the respondent shall be deemed to have consented to the issuance of an order of removal or prohibition or both. In the event of such consent or if upon the record made at the hearing the director finds that any of the grounds specified in the notice have been established, the director may issue such order of removal or prohibition from participation in the conduct of the affairs of the state trust company, out-of-state trust company doing business in Washington state, or affiliate, as the director may consider appropriate.(4) Any order under this section shall become effective at the expiration of ten days after service upon the respondent, except that an order issued upon consent shall become effective at the time specified in the order.(5) An order shall remain effective except to the extent it is stayed, modified, terminated, or set aside by the director or a reviewing court.[ 2019 c 389 § 27.]
WA Rev Code § 30B.10.220 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.220 - Jurisdiction of courts as to the department's enforcement orders—Venue.

RCW 30B.10.220 Jurisdiction of courts as to the department's enforcement orders—Venue.(1) The director may apply to a superior court of Washington for the enforcement of any effective and outstanding final order issued pursuant to this chapter, and the superior court shall have jurisdiction to order compliance with such final order.(2) No court shall have jurisdiction to affect by injunction or otherwise the department's issuance or enforcement of any order pursuant to this chapter, or to review, modify, suspend, terminate, or set aside such order, except as provided in this chapter.(3) The venue for enforcement of a final order by the department under this chapter shall be the superior court in the county of the principal place of business of the person upon whom the order is imposed or, in the case of such person not being domiciled in Washington state, the venue shall be Thurston county superior court.[ 2019 c 389 § 29.]
WA Rev Code § 30B.10.230 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.230 - General penalty—Effect of conviction.

RCW 30B.10.230 General penalty—Effect of conviction.(1) A person who shall knowingly violate or knowingly aid or abet the violation of any provision of RCW 30B.10.050 shall be guilty of a misdemeanor.(2) A director, officer, manager, employee, or agent of a state trust institution or affiliate who has had imposed upon him or her a criminal conviction for the violation of this title or any other financial services law of this or any other state or of the United States shall not be permitted to engage in or become or remain a board director, officer, manager, employee, or agent of any state trust company or its affiliate doing business in Washington state.[ 2019 c 389 § 32.]
WA Rev Code § 30B.10.240 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.10 - Director's Authority—Supervision and Examination—Enforcement.|30B.10.240 - Statute of limitations.

RCW 30B.10.240 Statute of limitations.(1) An action seeking any remedy under RCW 30B.10.070, 30B.10.080, or 30B.10.190 shall commence no later than five years after the cause of action accrued.(2) A cause of action under this section is deemed to have accrued at the later of the following events:(a) The occurrence of the act or omission;(b) When the department discovers or should have discovered that the act or omission has occurred;(c) When the department discovers or should have discovered that the act or omission has negatively impacted the capital status or other element of safety or soundness of a state trust company or out-of-state trust company doing business in Washington state; or(d) Where an act or omission is part of a pattern or practice, upon the occurrence of the most recent act or omission comprising the pattern or practice. A cause of action under this subsection may include all acts or omissions comprising the pattern or practice if the cause of action is timely as to the most recent act or omission.[ 2019 c 389 § 33.]
WA Rev Code § 30B.12.005 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.005 - Voting securities held by state trust company.

RCW 30B.12.005 Voting securities held by state trust company.(1) Voting securities of a state trust company held by the state trust company in a fiduciary capacity under a will or trust, whether registered in its own name or in the name of its nominee, may not be voted in the election of directors or managers or on a matter affecting the compensation of directors, managers, officers, or employees of the state trust company in that capacity, unless:(a) Under the terms of the will or trust, the manner in which the voting securities are to be voted may be determined by a donor or beneficiary of the will or trust and the donor or beneficiary actually makes the determination in the matter at issue;(b) The terms of the will or trust expressly direct the manner in which the securities must be voted to the extent that no discretion is vested in the state trust company as fiduciary; or(c) The securities are voted solely by a cofiduciary that is not an affiliate of the state trust company, as if the cofiduciary were the sole fiduciary.(2) Voting securities of a state trust company that cannot be voted under this section are considered to be authorized but unissued for purposes of determining the procedures for and results of the affected vote.[ 2014 c 37 § 346.]
WA Rev Code § 30B.12.010 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.010 - Bylaws.

RCW 30B.12.010 Bylaws.(1) A state trust company shall adopt bylaws and may amend its bylaws from time to time for the purposes and in accordance with the procedures set forth in the Washington business corporation act.(2) A limited liability trust company in which management is retained by the participants is not required to adopt bylaws if provisions required by law to be contained in the bylaws are contained in the articles of association or the participation agreement. If a limited liability trust company has adopted bylaws which designate each full liability participant, the limited liability trust company shall file with the director a copy of the bylaws. Solely that portion of the bylaws designating each full liability participant is a public record.[ 2014 c 37 § 347.]
WA Rev Code § 30B.12.030 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.030 - Required board meetings.

RCW 30B.12.030 Required board meetings.The board of a state trust company shall hold at least one regular meeting each quarter. At each regular meeting the board shall review and approve the minutes of the prior meeting and review the operations, activities, and financial condition of the state trust company. The board may designate committees from among its members to perform these duties and approve or disapprove the committees' reports at each regular meeting. All actions of the board must be recorded in its minutes.[ 2014 c 37 § 349.]
WA Rev Code § 30B.12.040 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.040 - Officers.

RCW 30B.12.040 Officers.(1) The board shall annually appoint the officers of the state trust company, who serve at the pleasure of the board. The state trust company must have a principal executive officer primarily responsible for the execution of board policies and operation of the state trust company and an officer responsible for the maintenance and storage of all corporate books and records of the state trust company and for required attestation of signatures. These positions may not be held by the same person. The board may appoint other officers of the state trust company as the board considers necessary.(2) Unless expressly authorized by a resolution of the board recorded in its minutes, an officer, manager, or employee may not create or dispose of a state trust company asset or create or incur a liability on behalf of the state trust company.(3) Unless otherwise approved by the director, the chief executive officer, the president, the chief operating officer, or the chief financial officer of a state trust company, or an officer of the state trust company with an equivalent function, must be a Washington state resident.(4) Notwithstanding any other provision of this section to the contrary, the board of a state trust company shall designate officers and committees or subcommittees composed of such officers, consistent with the requirements of RCW 30B.24.030 and in conformity with the contents of the state trust company's written statement of principles of trust management, pursuant to RCW 30B.24.040, as adopted by the board and subject to approval of the department.[ 2019 c 389 § 35; 2014 c 37 § 350.]
WA Rev Code § 30B.12.050 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.050 - Certain criminal offenses.

RCW 30B.12.050 Certain criminal offenses.(1) An officer, director, manager, managing participant, employee, shareholder, or participant of a state trust company commits an offense if the person knowingly:(a) Conceals information or a fact, or removes, destroys, or conceals a book or record of the state trust company for the purpose of concealing information or a fact from the director or an agent of the director; or(b) For the purpose of concealing, removes or destroys any book or record of the state trust company that is material to a pending or anticipated legal or administrative proceeding.(2) An officer, director, manager, managing participant, or employee of a state trust company commits an offense if the person knowingly makes a false entry in the books or records or in any report or statement of the state trust company.(3) An offense under this section is a class B felony.[ 2014 c 37 § 351.]
WA Rev Code § 30B.12.060 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.060 - Board's responsibility.

RCW 30B.12.060 Board's responsibility.The board of a state trust company is responsible for the proper exercise of fiduciary powers by the state trust company and each matter pertinent to the exercise of fiduciary powers, including:(1) The determination of policies;(2) The investment and disposition of property held in a fiduciary capacity;(3) The direction and review of the actions of each officer, manager, employee, committee, and agent used by the state trust company in the exercise of its fiduciary powers; and(4) Every other requirement of the board as set forth in RCW 30B.24.030 and in conformity with the contents of the state trust company's written statement of principles of trust management, pursuant to RCW 30B.24.040, as adopted by the board and subject to approval of the department.[ 2019 c 389 § 36; 2014 c 37 § 352.]
WA Rev Code § 30B.12.070 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.070 - Bonding requirements.

RCW 30B.12.070 Bonding requirements.The board of a state trust company shall require protection and indemnity for clients in reasonable amounts consistent with the bonding requirements for a state bank under RCW 30A.12.030 and as may further be established by rule adopted under this chapter, against dishonesty, fraud, defalcation, forgery, theft, and other similar insurable losses, with corporate insurance or surety companies.[ 2014 c 37 § 353.]
WA Rev Code § 30B.12.080 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.080 - Reports of apparent crime.

RCW 30B.12.080 Reports of apparent crime.A trust company that is the victim of a robbery, has a shortage of corporate or fiduciary funds in excess of five thousand dollars, or is the victim of an apparent or suspected misapplication of its corporate or fiduciary funds or property in any amount by a director, manager, managing participant, officer, or employee shall report such robbery, shortages, or apparent or suspected misapplication to the director within forty-eight hours after the time it is discovered. The initial report may be oral if the report is promptly confirmed in writing. The trust company or a director, manager, managing participant, officer, employee, or agent is not subject to liability for defamation or another charge resulting from information supplied in the report.[ 2014 c 37 § 354.]
WA Rev Code § 30B.12.100 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.100 - Audit—Fiduciary audit committee.

RCW 30B.12.100 Audit—Fiduciary audit committee.(1) A state trust company shall have a fiduciary audit committee, which shall exercise fiduciary responsibilities, administer fiduciary powers, and report to the board of directors consistent with the requirements of this section, RCW 30B.24.030, and in conformity with the contents of the state trust company's written statement of principles of trust management, pursuant to RCW 30B.24.040.(2) At least once during each calendar year, a state trust company shall arrange for a suitable audit by internal or external auditors of all significant fiduciary activities, under the direction of its fiduciary audit committee, unless the state trust company adopts a continuous audit system in accordance with subsection (3) of this section. The state trust company shall note the results of the audit, including significant actions taken as a result of the audit, in the minutes of the board of directors.(3) In lieu of performing annual audits under subsection (2) of this section, a state trust company may adopt a continuous audit system under which the state trust company arranges for a discrete audit by internal or external auditors of each significant fiduciary activity on an activity-by-activity basis, under the direction of its fiduciary audit committee, at an interval commensurate with the nature and risk of that activity. Under such a system, certain fiduciary activities may receive audits at intervals greater or less than one year, as appropriate. A state trust company that adopts a continuous audit system pursuant to this subsection shall note the results of all discrete audits performed since the last audit report, including significant actions taken as a result of the audits, in the minutes of the board of directors at least once during each calendar year.(4) A state trust company's fiduciary audit committee may consist of the entire board of directors, or it may comprise either a committee of the bank's directors or an audit committee of an affiliate of the state trust company. However, in either case, the committee:(a) Must not include any officers of the state trust company or an affiliate who participate significantly in the administration of the state trust company's fiduciary activities; and(b) Must consist of a majority of members who are not also members of any committee to which the board of directors has delegated power to manage and control the fiduciary activities of the state trust company.(5) The requirements of subsections (1) through (4) of this section shall be separate from and in addition to any audits of the nonfiduciary operations of the state trust company, if any.[ 2019 c 389 § 38; 2014 c 37 § 356.]
WA Rev Code § 30B.12.110 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.12 - State Trust Companies—Board of Directors, Officers, and Shareholders.|30B.12.110 - Shareholders—Actions authorized without meetings—Written consent.

RCW 30B.12.110 Shareholders—Actions authorized without meetings—Written consent.(1) Any action required by this title to be taken at a meeting of the shareholders of a state trust company, or any action that may be taken at a meeting of such shareholders, may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by all of the shareholders entitled to vote with respect to the subject matter thereof.(2) The consent has the same force and effect as a unanimous vote of shareholders and may be stated as such in any articles or documents filed under this title.[ 2014 c 37 § 357.]