Definitions.

RCW 30A.36.010
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Capital notes or debentures, where used in this chapter, shall mean notes or other obligations issued by a bank or mutual savings bank, for money obtained and used as additional capital or to replace impaired capital stock: PROVIDED, Such notes or other obligations are subordinate to the rights of depositors and other creditors. The term "capital" where used in this chapter shall mean capital stock and/or capital notes. Capital notes or debentures, where used in this chapter, shall mean notes or other obligations issued by a bank or mutual savings bank, for money obtained and used as additional capital or to replace impaired capital stock: PROVIDED, Such notes or other obligations are subordinate to the rights of depositors and other creditors. The term "capital" where used in this chapter shall mean capital stock and/or capital notes.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=30A.36&full=trueFetched: 6/29/2026

Starting a business in Washington? Washington LLC guide: costs and requirements