Wash. Admin. Code § 208-544-002 - Definitions
Unless the context clearly requires otherwise, the definitions used in this section apply throughout this chapter.
(1) "Agricultural lender" has the definition
given in RCW
31.35.020(1).
(2) "Alien bank" has the definition given in
RCW
30.42.020(1).
(3) "Bank" has the definition given in RCW
30.04.-010(2).
(4) "Bank holding
company" has the definition given in
RCW
30.04.010(3).
(5) "Branch" has the definition given in RCW
30.04.-010(5).
(6) "Business
development company" has the definition given in
RCW
31.24.010(6).
(7) "Commercial bank" is a bank as defined
under subsection (3) of this section.
(8) "Department" means the department of
financial institutions.
(9)
"Development credit corporation" means an entity organized under chapter 31.20
RCW.
(10) "Director" means the
director of the division of banks of the department of financial
institutions.
(11) "Division" means
the division of banks of the department of financial institutions.
(12) "Financial holding company" has the
definition given in
RCW
30.04.010(8).
(13) "Foreign bank" has the definition given
in RCW
30.04.010(9).
(14) "OCC" means the Office of the
Comptroller of the Currency, as created under the National Bank Act of 1863.
(15) "OFM" means the office of
financial management created by
RCW
43.41.050.
(16) "Regulated institution" means an alien
bank, agricultural lender, bank, bank holding company, business development
company, commercial bank, financial holding company, foreign bank, savings
bank, small business administration 7(a) lender, thrift holding company, trust
company, or other institution over which the department of financial
institutions has regulatory authority over.
(17) "Report of condition" includes the FDIC
Call Report, or a regulated institution's quarterly balance sheet and income
statement.
(18) "Savings bank" has
the definition given in
RCW
32.04.020(9), which includes
a mutual savings bank and stock savings bank.
(19) "Small business administration 7(a)
lender" means an entity licensed under chapter 31.40 RCW.
(20) "Thrift holding company" has the
definition given in
RCW
32.04.020(10).
(21) "Trust company" has the definition given
in RCW
30.04.010(14).
Notes
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