Washington § 82.04.315 - Exemptions — International banking facilities.

Full text of Washington Revised Code of Washington § 82.04.315 — Exemptions — International banking facilities., with citation guidance and answers to common questions.

§ 82.04.315. Exemptions — International banking facilities.

This chapter shall not apply to the gross receipts of an international banking facility.
As used in this section, an "international banking facility" means a facility represented by a set of asset and liability accounts segregated on the books and records of a commercial bank, the principal office of which is located in this state, and which is incorporated and doing business under the laws of the United States or of this state, a United States branch or agency of a foreign bank, an Edge corporation organized under Section 25(a) of the Federal Reserve Act, 12 United States Code 611-631, or an Agreement corporation having an agreement or undertaking with the Board of Governors of the Federal Reserve System under Section 25 of the Federal Reserve Act, 12 United States Code 601-604 (a), that includes only international banking facility time deposits (as defined in subsection (a)(2) of Section 204.8 of Regulation D (12 C.F.R. Part 204), as promulgated by the Board of Governors of the Federal Reserve System), and international banking facility extensions of credit (as defined in subsection (a)(3) of Section 204.8 of Regulation D).
[ 1982 c 95 s 7.]

Notes

Effective date—1982 c 95: See note following RCW 30A.42.070.

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

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Frequently Asked Questions About Washington § 82.04.315

What does Revised Code of Washington § 82.04.315 cover?

Section 82.04.315 ("Exemptions — International banking facilities.") 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 § 82.04.315?

A common citation format is "Revised Code of Washington § 82.04.315" (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.

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