Wash. Admin. Code § 208-512A-500

Current through Register Vol. 24-23, December 1, 2024
Section 208-512A-500 - Loans and extensions of credit to insiders and their immediate family

No provision of Titles 30A and 32 RCW, chapter 208-512 WAC, or this chapter, shall limit the duty of a bank or a bank's affiliate, independent of any requirements of this chapter, to also comply with the provisions of Federal Reserve Board Regulation O, 12 C.F.R. Part 215, which relates to loans and extensions of credit to insiders of a bank or bank affiliate and their immediate family.

Wash. Admin. Code § 208-512A-500

Amended by WSR 17-24-053, Filed 12/1/2017, effective 1/1/2018

Statutory Authority: RCW 30.04.030, 30.04.111, 30.04.215, 30.08.140, 32.08.157, 43.320.040, and 43.320.050 and Section 611 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (codified as section 18(y) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(y)), which takes effect January 21, 2013. 13-03-037, § 208-512A-500, filed 1/8/13, effective 2/8/13.