reglab/housing_qa huggingface dataset:
WA Rev Code § 30A.42.155 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.155 - Powers and activities.

RCW 30A.42.155 Powers and activities.(1) In addition to the taking of deposits and making of loans as provided in this chapter, a branch of an alien bank shall have the power only to carry out these other activities:(a) Borrow funds from banks and other financial institutions;(b) Make investments to the same extent as a state bank chartered pursuant to this title;(c) Buy and sell foreign exchange;(d) Receive checks, bills, drafts, acceptances, notes, bonds, coupons, and other securities for collection abroad and collect such instruments in the United States for customers abroad;(e) Hold securities in safekeeping for, or buy and sell securities upon the order and for the risk of, customers abroad;(f) Act as paying agent for securities issued by foreign governments or other organizations organized under foreign law and not qualified under the laws of the United States, or of any state or the District of Columbia, to do business in the United States;(g) In order to prevent loss on debts previously contracted a branch may acquire shares in a corporation: PROVIDED, That the shares are disposed of as soon as practical but in no event later than two years from the date of acquisition;(h) Issue letters of credit and create acceptances;(i) Act as paying agent or trustee in connection with revenue bonds issued pursuant to chapter 39.84 RCW, in which the user is: (i) A corporation organized under the laws of a country other than the United States, or a subsidiary or affiliate owned or controlled by such a corporation; or (ii) a corporation, partnership, or other business organization, the majority of the beneficial ownership of which is owned by persons who are citizens of a country other than the United States and who are not residents of the United States, and any subsidiary or affiliate owned or controlled by such an organization; or in which the bank purchases twenty-five percent or more of the bond issue. For the purposes of chapter 39.84 RCW, such an alien bank shall be deemed to possess trust powers.(2) In addition to the powers and activities expressly authorized by this section, a branch shall have the power to carry on such additional activities which are necessarily incidental to the activities expressly authorized by this section.[ 2014 c 37 § 219; 1982 c 95 § 5. Formerly RCW 30.42.155.]NOTES:Effective date—1982 c 95: See note following RCW 30A.42.070.
WA Rev Code § 30A.42.160 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.160 - Powers as to real estate.

RCW 30A.42.160 Powers as to real estate.An alien bank may purchase, hold and convey real estate for the following purposes and no other:(1) Such as shall be necessary for the convenient transaction of its business, including with its banking offices other apartments in the same building to rent as a source of income: PROVIDED, That not to exceed thirty percent of its capital and surplus and undivided profits may be so invested without the approval of the director.(2) Such as shall be purchased or conveyed to it in satisfaction, or on account of, debts previously contracted in the course of business.(3) Such as it shall purchase at sale under judgments, decrees, liens or mortgage foreclosures, against securities held by it.(4) Such as it may take title to or for the purpose of investing in real estate conditional sales contracts.(5) Such as shall be convenient for the residences of its employees.No real estate except that specified in subsections (1) and (5) of this section may be carried as an asset on the corporation's books for a longer period than five years from the date title is acquired thereto, unless an extension of time be granted by the director.[ 1994 c 92 § 92; 1975 1st ex.s. c 285 § 3; 1973 1st ex.s. c 53 § 16. Formerly RCW 30.42.160.]
WA Rev Code § 30A.42.170 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.170 - Advertising, status of federal insurance on deposits to be included—Gifts for new deposits.

RCW 30A.42.170 Advertising, status of federal insurance on deposits to be included—Gifts for new deposits.(1) An alien bank that advertises the services of its branch in the state of Washington shall indicate on all advertising materials whether or not deposits placed with its branch are insured by the federal deposit insurance corporation.(2) A branch shall not make gifts to a new deposit customer of a greater value than five dollars in total. The value of the gifts shall be the cost to the branch of acquiring said gift.[ 1973 1st ex.s. c 53 § 17. Formerly RCW 30.42.170.]
WA Rev Code § 30A.42.180 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.180 - Approved agencies—Powers and activities.

RCW 30A.42.180 Approved agencies—Powers and activities.An approved agency of an alien bank may engage in the business of making loans and guaranteeing obligations for the financing of the international movement of goods and services and for all operational needs including working capital and short-term operating needs and for the acquisition of fixed assets. Other than such activities, such agency may engage only in the following activities:(1) Borrow funds from banks and other financial institutions;(2) Buy and sell foreign exchange;(3) Receive checks, bills, drafts, acceptances, notes, bonds, coupons, and other securities for collection abroad and collect such instruments in the United States for customers abroad;(4) Hold securities in safekeeping for, or buy and sell securities upon the order and for the risk of, customers abroad;(5) Act as paying agent for securities issued by foreign governments or other organizations organized under foreign law and not qualified under the laws of the United States, or any state or the District of Columbia to do business in the United States;(6) In order to prevent loss on debts previously contracted, an agency may acquire shares in a corporation: PROVIDED, That the shares are disposed of as soon as practical, but in no event later than two years from the date of acquisition;(7) Issue letters of credit and create acceptances;(8) In addition to the powers and activities expressly authorized by this section, an agency shall have the power to carry on such additional activities which are necessarily incidental to the activities expressly authorized by this section.[ 1973 1st ex.s. c 53 § 18. Formerly RCW 30.42.180.]
WA Rev Code § 30A.42.190 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.190 - Bonding requirements for officers and employees.

RCW 30A.42.190 Bonding requirements for officers and employees.All officers and employees of an office shall be subject to the same bonding requirements as are officers and employees of banks incorporated under the laws of this state.[ 1973 1st ex.s. c 53 § 19. Formerly RCW 30.42.190.]
WA Rev Code § 30A.42.200 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.200 - Books and accounts—English language.

RCW 30A.42.200 Books and accounts—English language.The books and accounts of an office and a bureau shall be kept in words and figures of the English language.[ 1973 1st ex.s. c 53 § 20. Formerly RCW 30.42.200.]
WA Rev Code § 30A.42.210 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.210 - Bureaus—Application procedure.

RCW 30A.42.210 Bureaus—Application procedure.(1) Application procedure. An alien bank shall not establish and operate a bureau in this state unless it is authorized to do so and unless it has met the following conditions:(a) It has filed with the director an application in such form and containing such information as shall be prescribed by the director;(b) It has paid the fee required by law and established by the director pursuant to *RCW 30.08.095;(c) It has received from the director a certificate authorizing the applicant bank to establish and operate a bureau in conformity herewith.(2) Upon receipt of the bank's application, and the conducting of such examination or investigation as the director deems necessary and appropriate and being satisfied that the opening of such bureau will be consistent with the purposes of this chapter, the director may grant approval for the bureau and issue a certificate authorizing the alien bank to establish and operate a bureau in the state of Washington.[ 1994 c 92 § 93; 1973 1st ex.s. c 53 § 21. Formerly RCW 30.42.210.]NOTES:*Reviser's note: RCW 30.08.095 was repealed by 2013 c 76 § 32.
WA Rev Code § 30A.42.220 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.220 - Bureaus—Approval—Certificate of authority—Time limit for commencing business.

RCW 30A.42.220 Bureaus—Approval—Certificate of authority—Time limit for commencing business.If the director approves the application, he or she shall notify the alien bank of his or her approval and shall file certified copies of its charter, certificate, or other authorization to do business with the secretary of state and with the recording officer of the county in which the bureau is to be located. Upon such filing, the director shall issue a certificate of authority stating that the alien bank is authorized to operate a bureau in this state at the place designated in accordance with this chapter. No such certificate shall be transferable or assignable. Such certificate shall be conspicuously displayed at all times in the place of business specified therein.A bureau of an alien bank must commence business within six months after the issuance of the director's certificate: PROVIDED, That the director for good cause shown may extend such period for an additional time not to exceed three months.[ 1994 c 92 § 94; 1973 1st ex.s. c 53 § 22. Formerly RCW 30.42.220.]
WA Rev Code § 30A.42.230 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.230 - Bureaus—Number—Powers.

RCW 30A.42.230 Bureaus—Number—Powers.An alien bank may have as many bureaus in this state as the director will authorize. A bureau in this state may provide information about services offered by the alien bank, its subsidiaries and affiliates and may gather and provide business and economic information. A bureau may not take deposits, make loans or transact other commercial or banking business in this state.[ 1994 c 92 § 95; 1973 1st ex.s. c 53 § 23. Formerly RCW 30.42.230.]
WA Rev Code § 30A.42.240 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.240 - Bureaus—Examinations.

RCW 30A.42.240 Bureaus—Examinations.The director is empowered to examine the bureau operations of an alien bank whenever he or she deems it necessary. The director shall collect from such alien bank the estimated actual cost of such examination.[ 1994 c 92 § 96; 1973 1st ex.s. c 53 § 24. Formerly RCW 30.42.240.]
WA Rev Code § 30A.42.250 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.250 - Temporary facilities at trade fairs, etc.

RCW 30A.42.250 Temporary facilities at trade fairs, etc.An alien bank may operate temporary facilities at trade fairs or other commercial events of short duration without first obtaining the approval of the director: PROVIDED, That the activities of such temporary facility are limited solely to the dissemination of information: AND PROVIDED FURTHER, If an alien bank engages in such activity, it shall notify the director in writing prior to opening of the nature and location of such facility. The director is empowered to investigate the operation of such temporary facility if he or she deems it necessary, and to collect from the alien bank the estimated actual cost thereof.[ 1994 c 92 § 97; 1973 1st ex.s. c 53 § 25. Formerly RCW 30.42.250.]
WA Rev Code § 30A.42.260 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.260 - Reports.

RCW 30A.42.260 Reports.(1) An office of an alien bank shall file the following reports with the director within such times and in such form as the director shall prescribe by rule:(a) A statement of condition of the office;(b) A capital position report of the office;(c) A consolidated statement of condition of an alien bank.(2) An office of an alien bank shall publish such reports as the director by rule may prescribe.(3) An alien bank operating a bureau in this state shall file a copy of the alien bank's annual financial report with the director as soon as possible following the end of each fiscal year and shall file such other material as the director may prescribe by rule.[ 1994 c 92 § 98; 1973 1st ex.s. c 53 § 26. Formerly RCW 30.42.260.]
WA Rev Code § 30A.42.270 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.270 - Taxation.

RCW 30A.42.270 Taxation.An office of an alien bank shall be taxed on the same basis as are banks incorporated under the laws of this state.[ 1973 1st ex.s. c 53 § 27. Formerly RCW 30.42.270.]
WA Rev Code § 30A.42.280 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.280 - Directors, officers, and employees—Duties, responsibilities and restrictions—Removal.

RCW 30A.42.280 Directors, officers, and employees—Duties, responsibilities and restrictions—Removal.The directors or other governing body of an alien bank and the officers and employees of its office in this state shall be subject to all of the duties, responsibilities and restrictions to which the directors, officers and employees of a bank organized under the laws of this state are subject insofar as such duties, responsibilities and restrictions are not inconsistent with the intent of this chapter. An officer or employee of the office of an alien bank doing business in this state pursuant to this chapter may be removed for the reasons stated and in the manner provided in RCW 30A.12.040.[ 2014 c 37 § 220; 1973 1st ex.s. c 53 § 28. Formerly RCW 30.42.280.]
WA Rev Code § 30A.42.290 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.290 - Compliance—Violations—Penalties.

RCW 30A.42.290 Compliance—Violations—Penalties.(1) The director shall have the responsibility for assuring compliance with the provisions of this chapter. An alien bank that conducts business in this state in violation of any provisions of this chapter is guilty of a misdemeanor and in addition thereto shall be liable in the sum of one hundred dollars per day that each such offense continues, such sum to be recovered by the attorney general in a civil action in the name of the state.(2) Every person who shall knowingly subscribe to or make or cause to be made any false entry in the books of any alien bank office or bureau doing business in this state pursuant to this chapter or shall knowingly subscribe to or exhibit any false or fictitious paper or security, instrument or paper, with the intent to deceive any person authorized to examine into the affairs of any such office or bureau or shall make, state or publish any false statement of the amount of the assets or liabilities of any such office or bureau is guilty of a class B felony punishable according to chapter 9A.20 RCW.(3) Every director or member of the governing body, officer, employee or agent of such alien bank operating an office or bureau in this state who conceals or destroys any fact or otherwise suppresses any evidence relating to a violation of this chapter is guilty of a class B felony punishable according to chapter 9A.20 RCW.(4) Any person who transacts business in this state on behalf of an alien bank which is subject to the provisions of this chapter, but which is not authorized to transact such business pursuant to this chapter is guilty of a misdemeanor and in addition thereto shall be liable in the sum of one hundred dollars per day for each day that such offense continues, such sum to be recovered by the attorney general in a civil action in the name of the state.[ 2003 c 53 § 189; 1994 c 92 § 99; 1973 1st ex.s. c 53 § 29. Formerly RCW 30.42.290.]NOTES:Intent—Effective date—2003 c 53: See notes following RCW 2.48.180.
WA Rev Code § 30A.42.300 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.300 - Suspension or revocation of certificate to operate—Grounds.

RCW 30A.42.300 Suspension or revocation of certificate to operate—Grounds.If the director finds that any alien bank to which he or she has issued a certificate to operate an office or bureau in this state pursuant to this chapter has violated any law or rule, or has conducted its affairs in an unauthorized manner, or has been unresponsive to the director's lawful orders or directions, or is in an unsound or unsafe condition, or cannot with safety and expediency continue business, or if he or she finds that the alien bank's country is unjustifiably refusing to allow banks qualified to do business in and having their principal office within this state to operate offices or similar operations in such country, the director may suspend or revoke the certificate of such alien bank and notify it of such suspension or revocation.[ 1994 c 92 § 100; 1973 1st ex.s. c 53 § 30. Formerly RCW 30.42.300.]
WA Rev Code § 30A.42.310 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.310 - Change of location.

RCW 30A.42.310 Change of location.An alien bank licensed to maintain an office or bureau in this state pursuant to this chapter may apply to the director for leave to change the location of its office or bureau. Such applications shall be accompanied by an investigation fee as established in accordance with RCW 30A.42.330. Leave for a change of location shall be granted if the director finds that the proposed new location offers reasonable promise of adequate support for the office.[ 2014 c 37 § 221; 1994 c 92 § 101; 1973 1st ex.s. c 53 § 31. Formerly RCW 30.42.310.]
WA Rev Code § 30A.42.320 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.320 - Rules.

RCW 30A.42.320 Rules.The director shall have power to adopt uniform rules to govern examination and reports of alien bank offices and bureaus doing business in this state pursuant to this chapter and the form in which they shall report their assets, liabilities, and reserves, charge off bad debts and otherwise keep their records and accounts and otherwise to govern the administration of this chapter.[ 1994 c 92 § 102; 1973 1st ex.s. c 53 § 32. Formerly RCW 30.42.320.]
WA Rev Code § 30A.42.330 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.330 - Fees.

RCW 30A.42.330 Fees.The director shall collect in advance from an alien bank for filing its application for an office or a bureau and the attendant investigation, and for such other applications, approvals or certificates provided herein, such fee as shall be established by rule adopted pursuant to the administrative procedure act, chapter 34.05 RCW, as now or hereafter amended. The alien bank shall also pay to the secretary of state and the county recording officer for filing instruments as required by this chapter the same fees as are charged general corporations for the filing of similar instruments and also the same license fees as are required of foreign corporations doing business in this state.[ 1994 c 92 § 103; 1973 1st ex.s. c 53 § 33. Formerly RCW 30.42.330.]
WA Rev Code § 30A.42.340 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.42 - Alien Banks.|30A.42.340 - Alien banks or branches in business on or before effective date.

RCW 30A.42.340 Alien banks or branches in business on or before effective date.(1) Any branch of an alien bank that is conducting business in this state on July 16, 1973 pursuant to RCW 30A.04.300 shall not be subject to the provisions of this chapter, and shall continue to conduct its business pursuant to RCW 30A.04.300.(2) Except as provided in subsection (1) of this section, any alien bank that is conducting business in this state on July 16, 1973 shall be subject to the provisions of this chapter: PROVIDED, That any such alien bank which has operated an agency or similar operation in this state for at least the five years immediately preceding such effective date shall not be denied a certificate to operate an agency.[ 2014 c 37 § 222; 1973 1st ex.s. c 53 § 34. Formerly RCW 30.42.340.]
WA Rev Code § 30A.43.005 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.43 - Satellite Facilities.|30A.43.005 - Finding—Definition of "off-premises electronic facilities."

RCW 30A.43.005 Finding—Definition of "off-premises electronic facilities."The legislature finds that the establishment and operation of off-premises electronic facilities, inside and outside the state of Washington, and the participation by financial institutions in arrangements for the sharing of such facilities, facilitates the delivery of financial services to the citizens of the state of Washington. The term "off-premises electronic facilities" includes, without limitation, automated teller machines, cash-dispensing machines, point-of-sale terminals, and merchant-operated terminals.[ 1994 c 256 § 57. Formerly RCW 30.43.005.]NOTES:Findings—Construction—1994 c 256: See RCW 43.320.007.
WA Rev Code § 30A.44.010 (2021)
2021 Revised Code of Washington|Title 30A - Washington Commercial Bank Act|Chapter 30A.44 - Insolvency and Liquidation.|30A.44.010 - Notice to correct unsafe conditions—Possession may be taken under specified circumstances.

RCW 30A.44.010 Notice to correct unsafe conditions—Possession may be taken under specified circumstances.(1) Under the circumstances set forth in subsection (2) of this section, the director may give to a bank a notice to correct an unsafe condition of the bank; and if such bank fails to comply with the terms of such notice within thirty days from the date of its issuance or within such further time as the director may allow, then the director may take possession of such bank as in the case of insolvency.(2) The director is authorized to give notice and take possession of a bank, as described in subsection (1) of this section, under the following circumstances:(a) The obligations to its creditors, depositors, members, trust beneficiaries, if applicable, and others exceed its assets;(b) It has willfully violated a supervisory directive, cease and desist order, or other authorized directive or order of the director;(c) It has concealed its books, papers, records, or assets, or refused to submit its books, records, or affairs to any examiner of the department or the federal deposit insurance corporation;(d) It is likely to be unable to pay its obligations or meet its depositors' demands in the normal course of business;(e) It ceases to have deposit insurance acceptable to the director;(f) It fails to submit a capital restoration plan acceptable to the department within a time previously called for or materially fails to implement a capital restoration plan that was previously submitted and accepted by the department; or(g) It is critically undercapitalized or otherwise has substantially insufficient capital.[ 2014 c 37 § 223; 2010 c 88 § 30; 1994 c 92 § 107; 1955 c 33 § 30.44.010. Prior: 1917 c 80 § 59; 1915 c 98 § 1; RRS § 3266. Formerly RCW 30.44.010.]NOTES:Effective date—2010 c 88: See RCW 32.50.900.