32.20.415 Limitation on certain secured and unsecured loans.

WA Rev Code § 32.20.415 (2019) (N/A)
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RCW 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.

[ 1981 c 86 § 15.]

NOTES:

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