Washington § 30A.38.015 - Out-of-state bank without a branch in this state — Options — Director's approval required, conditions.

Full text of Washington Revised Code of Washington § 30A.38.015 — Out-of-state bank without a branch in this state — Options — Director's approval required, conditions., with citation guidance and answers to common questions.

§ 30A.38.015. Out-of-state bank without a branch in this state — Options — Director's approval required, conditions.

(1) An out-of-state bank that does not have a branch in Washington may, under this chapter, establish and maintain:
(a) A de novo branch in this state; or
(b) A branch in this state through the acquisition of a branch.
(2) An out-of-state bank desiring to establish and maintain a de novo branch or to acquire a branch in this state shall provide written application of the proposed transaction to the director, accompanied by the fee prescribed by the director, not later than three days after the date of filing with the responsible federal bank supervisory agency for approval to establish or acquire the branch.
(3) Subject to the conditions of this chapter, the director shall approve an application under subsection (2) of this section if the out-of-state bank would be permitted to establish or acquire a branch in Washington state if it were a bank chartered in Washington state.
[ 2013 c 76 s 13; 2005 c 348 s 3. Formerly RCW 30.38.015.]

Notes

Effective date—2005 c 348: See note following RCW 30A.38.005.

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

Frequently Asked Questions About Washington § 30A.38.015

What does Revised Code of Washington § 30A.38.015 cover?

Section 30A.38.015 ("Out-of-state bank without a branch in this state — Options — Director's approval required, conditions.") 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.38.015?

A common citation format is "Revised Code of Washington § 30A.38.015" (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.38.015 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.