This section of the Revised Code of Washington, specifically under the Washington Trust Institutions Act, establishes limits on loans and extensions of credit by state trust companies to insiders and affiliates. State trust companies are prohibited from making loans or extensions of credit to any person, except in relation to nonfiduciary corporate funds and subject to the provisions outlined in this section. Loans or leases to insiders are only permitted to the extent allowed for state banks under federal reserve board regulation O.

This section of the Revised Code of Washington prohibits employers in the state of Washington from requesting or coercing employees or applicants to disclose login information for personal social networking accounts. Employers are also prohibited from observing the contents of personal social networking accounts in the employer’s presence, compelling employees to add contacts, or requesting employees to alter account settings. Adverse action cannot be taken against an employee or applicant for refusing to disclose login information or comply with the above requests.

This legal document governs the medium and time of settlement by a bank. It applies to banks and persons involved in settlement transactions. The medium and time of settlement may be prescribed by Federal Reserve regulations, circulars, clearing-house rules, agreements, or in the absence of such prescription, the medium of settlement is cash or credit to an account in a Federal Reserve bank or specified by the person receiving settlement. The time of settlement varies depending on the method of tender, such as cash, check, credit or debit to an account, or funds transfer.

This legal document, part of the Revised Code of Washington under the Uniform Commercial Code, pertains to the final payment of items by payor banks and the timing of when provisional debits and credits become final. It also addresses when certain credits become available for withdrawal. The document outlines the conditions under which an item is considered finally paid by a payor bank, including cash payment, settlement without the right to revoke, or failure to revoke a provisional settlement within the permitted time.

This legal document, part of the Revised Code of Washington’s Uniform Commercial Code, specifically addresses the collection of items by payor banks. It outlines the actions a payor bank can take if it settles for a demand item presented before midnight of the banking day of receipt. The payor bank has the option to revoke the settlement and recover the settlement if it returns the item or sends written notice of dishonor or nonpayment.

This legal document, part of the Revised Code of Washington’s Uniform Commercial Code, pertains to the collection of items by payor banks. It states that any knowledge, notice, stop-payment order, or legal process received by a payor bank comes too late to terminate, suspend, or modify the bank’s right or duty to pay an item or charge its customer’s account if the bank has already accepted or certified the item, paid it in cash, settled for the item without the right to revoke the settlement, become accountable for the amount of the item, or if a cutoff hour has passed.

This legal document, part of the Revised Code of Washington, specifically addresses the relationship between a payor bank and its customer regarding bank deposits and collections. It outlines the circumstances under which a bank may charge a customer’s account, even if it creates an overdraft. An item is considered properly payable if it is authorized by the customer and aligns with any customer-bank agreement. The document also states that a customer is not liable for an overdraft if they neither signed the item nor benefited from its proceeds.

This legal document, part of the Revised Code of Washington’s Uniform Commercial Code, governs the relationship between a payor bank and its customer in the context of bank deposits and collections. It grants the customer or any authorized person the right to stop payment of any item drawn on the customer’s account or close the account by providing an order to the bank. The stop-payment order is effective for six months and can be renewed for additional periods.

A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer’s account for a payment made thereafter in good faith. [1965 ex.s. c 157 4-404. Cf. former RCW 30.16.050; 1955 c 33 30.16.050; prior: 1923 c 114 1, part, and 5; RRS 3252-1, part, and 3252-5.

This legal document, part of the Revised Code of Washington, specifically addresses the relationship between a payor bank and its customer in the context of bank deposits and collections. It outlines the duties and responsibilities of the bank in providing statements of account to the customer, including the requirement to return or make available the items paid, copies of the items paid, or sufficient information in the statement of account to allow the customer to identify the items paid.