Washington § 30A.20.060 - Deposits and accounts — Regulations — Passbooks or records — Deposit contract.

Full text of Washington Revised Code of Washington § 30A.20.060 — Deposits and accounts — Regulations — Passbooks or records — Deposit contract., with citation guidance and answers to common questions.

§ 30A.20.060. Deposits and accounts — Regulations — Passbooks or records — Deposit contract.

A bank shall repay all deposits to the depositor or his or her lawful representative when required at such time or times and with such interest as the regulations of the corporation shall prescribe. These regulations shall be prescribed by the directors of the bank and may contain provisions with respect to the terms and conditions upon which any account or deposit will be maintained by the bank. These regulations and any amendments shall be available to depositors on request, and shall be posted in a conspicuous place in the principal office and each branch in this state or, if the regulations and any amendments are not so posted, a description of changes in the regulations after an account is opened shall be mailed to depositors pursuant to 12 U.S.C. Sec. 4305(c) or otherwise. All these rules and regulations and all amendments shall be binding upon all depositors. At the option of the bank, a passbook shall be issued to each savings account depositor, or a record maintained in lieu of a passbook. A deposit contract may be adopted by the bank in lieu of or in addition to account rules and regulations and shall be enforceable and amendable in the same manner as account rules and regulations or as provided in the deposit contract. A copy of the contract shall be provided to the depositor.
[ 2014 c 37 s 192; 1996 c 2 s 8; 1986 c 279 s 38; 1961 c 280 s 3; 1959 c 106 s 5; 1955 c 33 s 30.20.060. Prior: 1945 c 69 s 1; 1935 c 93 s 1; 1917 c 80 s 38; Rem. Supp. 1945 s 3244a. Formerly RCW 30.20.060.]

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

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Frequently Asked Questions About Washington § 30A.20.060

What does Revised Code of Washington § 30A.20.060 cover?

Section 30A.20.060 ("Deposits and accounts — Regulations — Passbooks or records — Deposit contract.") 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.

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A common citation format is "Revised Code of Washington § 30A.20.060" (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.20.060 apply to my situation?

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