Washington statute
RCW 9.24.030 — Insolvent bank receiving deposit
Current through 2026 Regular Session
Part of Chapter 9.24: Corporations, Crimes Relating To, Revised Code of Washington.
Criminal charges under this statute
Full text of RCW 9.24.030
Statutory text current through the 2026 Regular Session. This publication reproduces the official text of the Revised Code of Washington from the Code Reviser's published files; it is not the official statutes of the State of Washington.
Every owner, officer, stockholder, agent or employee of any person, firm, corporation or association engaged, wholly or in part, in the business of banking or receiving money or negotiable paper or securities on deposit or in trust, who shall accept or receive, with or without interest, any deposit, or who shall consent thereto or connive thereat, when he or she knows or has good reason to believe that such person, firm, corporation or association is unsafe or insolvent, is guilty of a class B felony and shall be punished by imprisonment in a state correctional facility for not more than ten years, or by a fine of not more than ten thousand dollars.
Official sources
Legal terms used in this section
Questions this section answers
Is insolvent bank receiving deposit a felony or a misdemeanor in Washington?
Insolvent bank receiving deposit is a Class B Felony in Washington under RCW 9.24.030.
Which Washington statute covers insolvent bank receiving deposit?
Insolvent bank receiving deposit is governed by RCW 9.24.030 (Insolvent bank receiving deposit).
This reference is informational and is not legal advice.