Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-512 - Banks and trust companies
Section 208-512-090 - Purchase or sale of investment securities For customer or institution accounts allowable
Universal Citation: WA Admin Code 208-512-090
Current through Register Vol. 24-18, September 15, 2024
Subject to the Federal Reserve Board's Regulation R, 12 C.F.R. Part 218, a bank may purchase and sell investment securities upon the order and for the account of its customers and may deal in the underwriting and purchasing of investment securities for the bank's investment account subject to WAC 208-512-110 through 208-512-117, inclusive.
Statutory Authority: RCW 30.04.030 and 43.320.040. 00-17-141, recodified as § 208-512-090, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW 30.04.030. 83-01-082 (Order 49), § 50-12-090, filed 12/17/82.
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