Washington § 30A.36.020 - Issuance and sale — Status — Conversion rights.

Full text of Washington Revised Code of Washington § 30A.36.020 — Issuance and sale — Status — Conversion rights., with citation guidance and answers to common questions.

§ 30A.36.020. Issuance and sale — Status — Conversion rights.

With the approval of the director, any bank or mutual savings bank may at any time, through action of its board of directors or trustees, issue and sell its capital notes or debentures. Such capital notes or debentures shall be subordinate to the claims of depositors and other creditors. The holders of capital notes or debentures issued by a bank shall have such conversion rights as may be provided in the articles of incorporation with the approval of the director.
[ 2014 c 37 s 205; 1994 c 92 s 76; 1979 c 106 s 5; 1955 c 33 s 30.36.020. Prior: 1935 c 42 s 2; RRS 3295-2. Formerly RCW 30.36.020.]

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

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Frequently Asked Questions About Washington § 30A.36.020

What does Revised Code of Washington § 30A.36.020 cover?

Section 30A.36.020 ("Issuance and sale — Status — Conversion rights.") 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.36.020?

A common citation format is "Revised Code of Washington § 30A.36.020" (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.36.020 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.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.