Limitation on certain secured and unsecured loans.

  1. Law
  2. Revised Code of Washington
  3. Washington Savings Bank Act
  4. Investments.
  5. Limitation on certain secured and unsecured loans.

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In addition to all other investments and loans authorized for mutual savings banks in this state, a mutual savings bank may invest not more than twenty percent of its funds in secured or unsecured loans on such terms and conditions as the bank may determine.

[ 1981 c 86 § 15.]

NOTES:

Severability—1981 c 86: See note following RCW 32.08.140.


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