LegalFix
Sign In

39.58.103 Notice to commission of reduced net worth.

WA Rev Code § 39.58.103 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

RCW 39.58.103 Notice to commission of reduced net worth.

Each public depositary shall notify the commission in writing within forty-eight hours, or by close of business of the next business day thereafter, of the happening of an event which causes its net worth to be reduced by an amount greater than ten percent of the amount shown as its net worth on the most recent report submitted pursuant to RCW 39.58.100.

[ 2009 c 9 § 8; 1983 c 66 § 13; 1975 1st ex.s. c 77 § 4.]

NOTES:

Effective date—2009 c 9: See note following RCW 39.58.010.

Severability—1983 c 66: See note following RCW 39.58.010.

Previous Section
39.58.100 Reports of public depositaries—Certification by director of financial institutions.
Next Section
39.58.105 Investigation of financial institution applying to become public depositary—Report.