1996 Banks Opinions List Archive
Opinions by Year(s):
2004-1997 | 1996
The opinions expressed in the interpretive letters are informal and non-binding. These opinions reflect the position of the Division of Banks at the time they were produced. The Division could learn of additional facts, which would cause us to change our position.
2003-Current Opinions Now Searchable
Search 2003-current bank opinions.
Note: Readers are cautioned that the opinions in both the interpretive letters and policy statements may have changed because of statute or rule revisions or other additional facts presented. Consult your attorney for advice regarding the current state of the law and how it may apply to the issue or situation you have in mind.
1996 Opinions
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Number
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96-010
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Date
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12/30/96
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Subject
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Regarding certain powers and authorities of Title 32 savings banks.
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Number
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96-009
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Date
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11/20/96
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Subject
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Concerning the breadth of savings bank powers under amended RCW Title 32, specifically whether a Bank could invest, as an equity investor, in income producing real property, and whether it would have authority to put as much as its entire lending portfolio into business banking loans, without changing its charter.
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Number
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96-008
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Date
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11/01/96
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Subject
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A Washington corporation organized solely to serve as trustee of a Massachusetts trust under the laws of the state of Washington is not a “trust company.”
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Number
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96-007
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Date
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09/19/96
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Subject
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Ruling With Respect to Trust Assets Held by Trust Company Taken Over By the Director of Financial Institutions.
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Number
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96-006
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Date
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09/05/96
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Subject
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Concerning sales of Prepaid Telephone Cards
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Number
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96-005
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Date
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08/19/96
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Subject
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Concerning the powers of a Title 32 RCW savings bank relative to federal and state-chartered savings and loans and commercial banks.
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Number
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96-004
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Date
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08/07/96
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Subject
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Whether a Washington corporation serving as a trustee owned by a trust company or bank with trust powers regulated by a state banking department or the OCC is a “trust company,” and if a Washington trust company may invest in all the voting stock of a Washington corporation organized solely to act as trustee of a Massachusetts trust organized under the laws of the State of Washington.
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Number
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96-003
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Date
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04/29/96
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Subject
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Interpretation of the amendments contained in Washington State’s new interstate branching law as these revisions relate to limited services provided by Bank branch personnel at off-site locations.
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Number
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96-002
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Date
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02/29/96
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Subject
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Agency Agreement Powers of State Chartered Banks
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Number
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96-001
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Date
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01/26/96
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Subject
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Automobile Extended Service Program
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DOB opinions issued prior to 1996 may be obtained by sending a request to:
Division of Banks
Post Office Box 41200
Olympia, Washington 98504-1200
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