# RCW 32.08.070: RCW 32.08.070: Authorization certificate

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S070

## Section

- **Citation:** RCW 32.08.070
- **Heading:** RCW 32.08.070: Authorization certificate
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 32 / Chapter 08 / Section 070

## Text

Before a mutual savings bank shall be authorized to do any business the director shall be satisfied that the corporation has in good faith complied with all the requirements of law and fulfilled all the conditions precedent to commencing business imposed by this title. If satisfied that the corporation has in good faith complied with all the requirements of law, and fulfilled all the conditions precedent to commencing business imposed by this title, the director shall within six months after the date upon which the proposed organization certificate was filed with him or her for examination, but in no case after the expiration of that period, issue under his or her hand and official seal in triplicate an authorization certificate to such corporation. Such authorization certificate shall state that the corporation therein named has complied with all the requirements of law, that it is authorized to transact at the place designated in its certificate of incorporation, the business of a mutual savings bank. One of the triplicate authorization certificates shall be transmitted by the director to the corporation therein named, and the other two authorization certificates shall be filed by the director in the same public offices where the certificate of incorporation is filed, and shall be attached to said incorporation certificate.

## Nearby sections

- [RCW 32.08.010 RCW 32.08.010: Authority to organize—Incorporators—Certificate.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S010.md)
- [RCW 32.08.020 RCW 32.08.020: Notice of intention.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S020.md)
- [RCW 32.08.025 RCW 32.08.025: Limited liability company—Organization or conversion—Approval of director—Conditions—Application of chapter 25.15 RCW—Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S025.md)
- [RCW 32.08.030 RCW 32.08.030: Submission of certificate—Proof of service of notice.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S030.md)
- [RCW 32.08.040 RCW 32.08.040: Examination and action by director.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S040.md)
- [RCW 32.08.050 RCW 32.08.050: Appeal from adverse decision.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S050.md)
- [RCW 32.08.060 RCW 32.08.060: Procedure upon approval.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S060.md)
- [RCW 32.08.061 RCW 32.08.061: Extension of period of existence—Procedure.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S061.md)
- [RCW 32.08.070 RCW 32.08.070: Authorization certificate.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S070.md)
- [RCW 32.08.080 RCW 32.08.080: Conditions precedent to reception of deposits.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S080.md)
- [RCW 32.08.090 RCW 32.08.090: Expense fund—Agreement to contribute further—Security.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S090.md)
- [RCW 32.08.100 RCW 32.08.100: Guaranty fund.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S100.md)
- [RCW 32.08.110 RCW 32.08.110: Guaranty fund—Purpose.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S110.md)
- [RCW 32.08.115 RCW 32.08.115: Guaranty fund—Payment of interest and dividends—Legislative declaration.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S115.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T32_C08_S070. Check the current official text before relying on it. Not legal advice.