Wash. Rev. Code § 32.20.415

Current through 2024
Section 32.20.415 - Limitation on certain secured and unsecured loans

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.

RCW 32.20.415

1981 c 86 § 15.

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