reglab/housing_qa huggingface dataset:
WA Rev Code § 30A.98.045 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.98 - Construction.|30A.98.045 - Prior investments or transactions not affected.

RCW 30A.98.045 Prior investments or transactions not affected.This title does not affect the legality of investments, made prior to January 5, 2015, or of transactions had before January 5, 2015, pursuant to any provisions of law in force when such investments were made or transactions had.[ 2014 c 37 § 260.]
WA Rev Code § 30A.98.050 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.98 - Construction.|30A.98.050 - Repeals and saving.

RCW 30A.98.050 Repeals and saving.See 1955 c 33 s 30.98.050.
WA Rev Code § 30A.98.060 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.98 - Construction.|30A.98.060 - Emergency—1955 c 33.

RCW 30A.98.060 Emergency—1955 c 33.This act is necessary for the immediate preservation of the public peace, health and safety, the support of the state government and its existing public institutions, and shall take effect immediately.[ 1955 c 33 § 30.98.060. Formerly RCW 30.98.060.]
WA Rev Code § 30B.04.002 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.002 - Short title.

RCW 30B.04.002 Short title.This title may be known and cited as the Washington trust institutions act.[ 2014 c 37 § 301.]
WA Rev Code § 30B.04.010 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.010 - Name of trust institution—Use of trust in name.

RCW 30B.04.010 Name of trust institution—Use of trust in name.(1) A state trust company or out-of-state trust institution may register any name with the department in connection with establishing an office or otherwise engaged in trust business in Washington state pursuant to this title, except that the director may determine that a name proposed to be registered is potentially misleading to the public and require the registrant to select a name which is not potentially misleading.(2) Use of "trust" as part of a person's name or fictitious trade name, or as part of a trademark or service mark in connection with transacting business with the public, or as part of advertising by any person to the public, is subject to the prohibitions and restrictions under RCW 30A.04.020.[ 2019 c 389 § 3; 2014 c 37 § 303.]
WA Rev Code § 30B.04.020 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.020 - Rules—Administration and interpretation of title.

RCW 30B.04.020 Rules—Administration and interpretation of title.(1) The director has the power to adopt rules, as he or she determines necessary and appropriate, to implement the purposes and provisions of this title in accordance with the administrative procedure act, chapter 34.05 RCW.(2) The director has the power, and broad administrative discretion, to administer and interpret the provisions of this title to facilitate the delivery of trust business and fiduciary services to the citizens of the state of Washington by trust businesses and other persons.[ 2014 c 37 § 304.]
WA Rev Code § 30B.04.030 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.030 - Persons authorized to act as a fiduciary.

RCW 30B.04.030 Persons authorized to act as a fiduciary.Subject to the conditions, restrictions, limitations, and requirements of this title, the following persons are authorized trust institutions in Washington state:(1) A state trust company with a certificate of authority from the director to exercise the powers of a state trust company pursuant to chapter 30B.08 RCW;(2) A state bank under Title 30A RCW exercising trust business powers under the authority of the director;(3) A state bank under Title 32 RCW exercising trust business powers under the authority of the director;(4) A *state savings association organized under Title 33 RCW exercising trust business powers under authority of Title 33 RCW as permitted by the director;(5) A national bank authorized by the comptroller of the currency to act as a fiduciary in this state pursuant to 12 U.S.C. Sec. 92a;(6) A federally chartered savings bank or *savings association authorized by the comptroller of the currency to act as a fiduciary in this state;(7) An out-of-state state-chartered bank with a branch in this state established or maintained pursuant to and with trust powers under applicable law of a home state;(8) An out-of-state trust institution with a trust office authorized by the director pursuant to this title;(9) An alien bank under chapter 30A.42 RCW authorized by the director to act as a fiduciary or engage in trust business in this state pursuant to this title;(10) A private trust or private trust company exempt from the regulation of the department under chapter 30B.64 RCW; or(11) An exempt person under this title pursuant to RCW 30B.04.040.[ 2014 c 37 § 305.]NOTES:*Reviser's note: RCW 30B.04.005 was amended by 2019 c 389 § 2, deleting the definitions of "savings association" and "state savings association."
WA Rev Code § 30B.04.050 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.050 - Persons subject to the requirement of a certificate of authority or approval under this title.

RCW 30B.04.050 Persons subject to the requirement of a certificate of authority or approval under this title.(1) A person may not engage in unauthorized trust activity in this state. (2) As a condition of engaging in trust business in this state, an out-of-state trust institution is required to obtain approval from the director and is subject to all other requirements of chapter 30B.38 RCW.(3) As a condition of engaging in trust business in this state, a person, other than an out-of-state trust institution or an exempt person under RCW 30B.04.040, is required to organize and obtain a certificate of authority as a state trust company pursuant to chapter 30B.08 RCW.(4) A person who violates the requirements of subsection (2) or (3) of this section, as applicable, engages in unauthorized trust activity and is subject to enforcement by the director as set forth in chapter 30B.10 RCW.[ 2014 c 37 § 307.]
WA Rev Code § 30B.04.060 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.060 - Confidentiality of examination information.

RCW 30B.04.060 Confidentiality of examination information.This title does not limit the privileges, immunities, and requirements of RCW 42.56.400(6), 30A.04.075, 32.04.220, and 33.04.110 in relation to trust companies, state banks, and state savings associations.[ 2014 c 37 § 308.]
WA Rev Code § 30B.04.070 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.070 - Limits on loans to insiders and affiliates—Exceptions.

RCW 30B.04.070 Limits on loans to insiders and affiliates—Exceptions.(1) A state trust company may not make loans or extensions of credit, nor extend leases, to any person except in relation to nonfiduciary corporate funds and only as set forth in this section.(2) Unless authorized by subsection (4) of this section, a state trust company may make loans or leases to insiders only to the extent permitted for state banks under federal reserve board regulation O, 12 C.F.R. Part 215.(3) Unless authorized by subsection (4) of this section, a state trust company may make loans or leases to affiliates as may be reasonably determined by the director by rule. In the absence of rule making to the contrary, the director shall be guided by sections 23a and 23b of the federal reserve act, 12 U.S.C. Secs. 371c and 371c-1, and federal reserve board regulation W, 12 C.F.R. Part 223, governing the permissibility of loans and leases to affiliates by state banks that are members of the federal reserve.(4) Notwithstanding any other provision of this section, a state trust company may make loans or extensions of credit, or extend leases, in relation to nonfiduciary corporate funds, subject to approval of the director upon written application.(5) The director may adopt rules interpreting this section and may impose further conditions and restrictions on loans and extensions of credit by state trust companies not inconsistent with this section.[ 2014 c 37 § 309.]
WA Rev Code § 30B.04.080 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.080 - Transactions in state trust company shares.

RCW 30B.04.080 Transactions in state trust company shares.(1) A state trust company may acquire its own shares if:(a) The amount of its capital is sufficient to fully absorb the acquisition of the shares under regulatory accounting principles; or(b) The state trust company obtains the prior written approval of the director.(2) A state trust company may acquire a lien upon its own shares if:(a) The aggregate amount of indebtedness so secured is less than the amount of the state trust company's capital; or(b) The state trust company obtains the prior written approval of the director.[ 2014 c 37 § 310.]
WA Rev Code § 30B.04.090 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.090 - Investment of corporate funds—Securities.

RCW 30B.04.090 Investment of corporate funds—Securities.A state trust company may invest its nonfiduciary corporate funds in investments other than real estate, including securities, that are permissible for state banks under Title 30A RCW, and as may be made applicable for state trust companies by rule of the director.[ 2014 c 37 § 311.]
WA Rev Code § 30B.04.100 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.100 - Investment in corporations—Subsidiaries.

RCW 30B.04.100 Investment in corporations—Subsidiaries.Except as otherwise provided by this chapter or rules adopted under this chapter, a state trust company may invest in corporations, limited liability companies, and other entities, and may acquire or establish a *subsidiary to conduct any activity that may lawfully be conducted through the form of organization chosen for the *subsidiary, in accordance with that which is permissible for state banks under RCW 30A.04.125 and 30A.04.127.[ 2014 c 37 § 312.]NOTES:*Reviser's note: RCW 30B.04.005 was amended by 2019 c 389 § 2, deleting the definition of "subsidiary."
WA Rev Code § 30B.04.110 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.110 - Pledge of assets.

RCW 30B.04.110 Pledge of assets.A state trust company may not pledge or create a lien on any of its assets except to secure the repayment of money borrowed or as specifically authorized by RCW 30B.20.010, or by rule, or by a finding of the director that such conduct does not violate any other applicable law and serves the convenience of the state trust company and the public. An act, deed, conveyance, pledge, or contract in violation of this section is void.[ 2019 c 389 § 5; 2014 c 37 § 313.]
WA Rev Code § 30B.04.120 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.120 - Investment in state trust company facilities.

RCW 30B.04.120 Investment in state trust company facilities.A state trust company may purchase, hold, and convey real estate, including facilities, for the purposes permissible for state banks under RCW 30A.04.210.[ 2014 c 37 § 314.]
WA Rev Code § 30B.04.130 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.130 - Separation of trust records—Recordkeeping.

RCW 30B.04.130 Separation of trust records—Recordkeeping.(1) A state trust company shall keep its fiduciary records separate and distinct from other records of the state trust company.(2) The fiduciary records must contain all material information relative to each account as appropriate under the circumstances.(3) A state trust company shall comply with all other conditions and requirements for state banks engaging in trust business and the deposit of securities as set forth in RCW 30A.04.240.[ 2014 c 37 § 315.]
WA Rev Code § 30B.04.140 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.140 - Legal services, advertising of—Penalty.

RCW 30B.04.140 Legal services, advertising of—Penalty.RCW 30A.04.260 applies to this title.[ 2014 c 37 § 316.]
WA Rev Code § 30B.04.160 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.160 - Choice of law clauses.

RCW 30B.04.160 Choice of law clauses.When there is a choice of law clause contained in a governing instrument in which a state trust company is a party, the choice of law of any state agreed to by the parties to such instrument shall control the interpretation and enforcement of the trust or custodial agreement comprising such instrument.[ 2014 c 37 § 318.]
WA Rev Code § 30B.04.170 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.170 - Choice of law when instrument silent.

RCW 30B.04.170 Choice of law when instrument silent.Except as set forth in RCW 30B.04.160, choice of law is governed by RCW 11.98.005.[ 2014 c 37 § 319.]
WA Rev Code § 30B.04.180 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.04 - General Provisions.|30B.04.180 - Public notice by electronic means.

RCW 30B.04.180 Public notice by electronic means.(1) Notwithstanding any provisions of this title, wherever notice by publication is required by a trust institution, such notice may be undertaken by internet publication upon terms and conditions that the director may prescribe by rule.(2) Notice to shareholders required under this title may be undertaken by electronic means in the same manner as permitted for general business corporations under RCW 23B.01.410.[ 2014 c 37 § 320.]
WA Rev Code § 30B.08.005 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.005 - Who may organize a state trust company.

RCW 30B.08.005 Who may organize a state trust company.Subject to the other provisions of this chapter, one or more persons may organize a state trust company.[ 2014 c 37 § 321.]
WA Rev Code § 30B.08.010 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.010 - Formation—Issuance of certificate of authority—Amendment of articles, etc.

RCW 30B.08.010 Formation—Issuance of certificate of authority—Amendment of articles, etc.Except as set forth in this chapter or as may be prescribed by rule of the director, RCW 30A.08.020, 30A.08.040, 30A.08.050, 30A.08.055, 30A.08.060, 30A.08.070, 30A.08.081, 30A.08.082, 30A.08.083, 30A.08.084, 30A.08.086, 30A.08.087, 30A.08.088, 30A.08.090, 30A.08.092, and * 30A.08.170 shall, in relation to state trust companies, govern the formation, furnishing of notice, approval or refusal of articles of organization, effect of failure to commence business, issuance and treatment of shares or equity, rights of preferred or special shareholders, determination of capital impairment, treatment of authorized unissued shares, amendment of articles of organization, authorization of increase or decrease of stock or equity, and appointment of nominees for the holding of securities, the same as if a state trust company were a state bank under Title 30A RCW.[ 2014 c 37 § 322.]NOTES:*Reviser's note: RCW 30A.08.170 was repealed by 2019 c 389 § 103.
WA Rev Code § 30B.08.040 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.040 - Notice and investigation of application.

RCW 30B.08.040 Notice and investigation of application.(1) The director shall notify the organizers when the application is complete and accepted for filing and all required fees and deposits have been paid.(2) At the expense of the organizers, the director shall investigate the application and inquire into the identity and character of each proposed director, manager, officer, managing participant, and principal shareholder or participant.(3) The financial statement of a proposed officer, director, manager, or managing participant is confidential and not subject to public disclosure under chapter 42.56 RCW.[ 2019 c 389 § 8; 2014 c 37 § 325.]
WA Rev Code § 30B.08.050 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.050 - Required capital.

RCW 30B.08.050 Required capital.(1) The director shall at time of application, to organize a state trust company, determine the minimum required initial capitalization of a proposed state trust company in the manner provided for in *RCW 30B.08.030(3)(b)(ii) and as further provided in this section.(2) The director may consider the following safety and soundness factors when determining minimum required capital, including, but not limited to:(a) The nature and type of business conducted;(b) The nature and degree of liquidity in assets held in a corporate capacity;(c) The amount of fiduciary assets under management;(d) The type of fiduciary assets held and the depository of such assets;(e) The complexity of fiduciary duties and degree of discretion undertaken;(f) The competence and experience of management;(g) The extent and adequacy of internal controls;(h) The presence or absence of annual unqualified audits by an independent certified public accountant;(i) The reasonableness of business plans for retaining or acquiring additional capital; (j) The existence and adequacy of insurance obtained or held by the trust company for the purpose of protecting its clients, trust beneficiaries, and settlors;(k) The history of operating losses, if any;(l) The history of loss, if any, in relation to fiduciary or custodial accounts; and(m) The amount of support from the state trust company's parent or affiliate.(3) The effective date of a written finding requiring an existing state trust company to increase its capital must be stated in the written finding as on or after the thirty-first day after the date the written finding is mailed or delivered. Unless the state trust company requests a hearing before the director before the effective date of the written finding, the order becomes effective and is final and nonappealable. This subsection does not prohibit an application to reduce capital requirements of a proposed or an existing state trust company.(4) Subject to subsection (2) of this section, a state trust company to which the director issues a certificate of authority shall at all times maintain capital in at least the amount required under subsection (1) of this section, plus any additional amount or less any reduction the director directs under subsection (2) of this section.(5) Notwithstanding any provision of this section, the director may establish by rule safety and soundness standards for minimum required capital, additional required capital, and reduction of capital, for a proposed or existing state trust company.[ 2014 c 37 § 326.]NOTES:*Reviser's note: RCW 30B.08.030 was amended by 2019 c 389 § 7, changing subsection (3) to subsection (5).
WA Rev Code § 30B.08.060 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.060 - Capital notes or debentures.

RCW 30B.08.060 Capital notes or debentures.(1) With the prior written approval of the director, any state trust company may at any time, through action of its board of directors, issue and sell its capital notes or debentures, which shall be subordinate to the claims of depositors and other creditors.(2) Unless otherwise approved by the director, a state trust company shall conform to all other conditions and requirements of chapter 30A.36 RCW governing capital notes and debentures of state banks.[ 2014 c 37 § 327.]
WA Rev Code § 30B.08.070 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.070 - Application of general business corporation laws.

RCW 30B.08.070 Application of general business corporation laws.(1) A state trust company shall be deemed a distinct type of corporation or limited liability trust company whose certificate of authority may be granted, conditioned, canceled, or revoked only by the department.(2) Title 23B RCW applies to a state trust company in corporation form and chapter 25.15 RCW in limited liability company form to the extent not inconsistent with this title or the business of a state trust company, except that:(a) Any reference to the secretary of state means the director unless the context requires otherwise; and(b) The right of shareholders or participants to cumulative voting in the election of directors or managers exists only if granted by the state trust company's articles of incorporation or limited liability company agreement.(3) Unless expressly authorized by this title or a rule of the department, a state trust company may not take an action authorized by Title 23B RCW or chapter 25.15 RCW regarding its corporate status, capital structure, or a matter of corporate governance, of the type for which Title 23B RCW or chapter 25.15 RCW would require a filing with the secretary of state if the state trust company were a business corporation, without first submitting the filing to the director for the same purposes for which it otherwise would be required to be submitted to the secretary of state.(4) The department may adopt rules to limit or refine the applicability of subsection (2) of this section to a state trust company or to alter or supplement the procedures and requirements of Title 23B RCW or chapter 25.15 RCW applicable to an action taken under this chapter.[ 2019 c 389 § 9; 2014 c 37 § 328.]
WA Rev Code § 30B.08.100 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.100 - Scope of regulated activities of a state trust company.

RCW 30B.08.100 Scope of regulated activities of a state trust company.Notwithstanding the definition of "trust business" as set forth in RCW 30B.04.005, the director has the authority to regulate the exercise of all powers and authorities of a state trust company which are enumerated in RCW 30B.08.080 and which may be conferred by way of parity under RCW 30B.38.060.[ 2014 c 37 § 331.]
WA Rev Code § 30B.08.110 (2021)
2021 Revised Code of Washington|Title 30B - Washington Trust Institutions Act|Chapter 30B.08 - Organization and Powers.|30B.08.110 - Internet trust business.

RCW 30B.08.110 Internet trust business.(1) A person engaged in trust business in this state by use of the internet is subject to regulation by the department under this title, unless it is:(a) An out-of-state trust institution approved under chapter 30B.38 RCW or acting under authority of RCW 30B.72.010; or(b) An exempt person under RCW 30B.04.040.(2) The director may adopt rules specific to the regulation of internet trust businesses in the interest of protecting Washington state citizens.[ 2014 c 37 § 332.]