Washington § 30A.12.110 - Commission, etc., for procuring loan — Penalty.

Full text of Washington Revised Code of Washington § 30A.12.110 — Commission, etc., for procuring loan — Penalty., with citation guidance and answers to common questions.

§ 30A.12.110. Commission, etc., for procuring loan — Penalty.

No officer, director, agent, employee or stockholder of any bank shall, directly or indirectly, receive a bonus, commission, compensation, remuneration, gift, speculative interest or gratuity of any kind from any person, firm or corporation other than the bank or as allowed by RCW 30A.12.115 for granting, procuring or endeavoring to procure, for any person, firm or corporation, any loan by or out of the funds of such bank or the purchase or sale of any securities or property for or on account of such bank or for granting or procuring permission for any person, firm or corporation to overdraw any account with such bank. Any person violating this section shall be guilty of a gross misdemeanor.
[ 2014 c 37 s 183; 1986 c 279 s 35; 1955 c 33 s 30.12.110. Prior: 1919 c 209 s 20; RRS s 3290. Formerly RCW 30.12.110.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 30A.12.110

What does Revised Code of Washington § 30A.12.110 cover?

Section 30A.12.110 ("Commission, etc., for procuring loan — Penalty.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 30A.12.110?

A common citation format is "Revised Code of Washington § 30A.12.110" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 30A.12.110 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

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