RCW 19.52.110
Limitations in chapter not applicable to interest charged by broker-dealers—When.
The interest charged by any broker-dealer registered under chapter 21.20 RCW and under the federal securities and exchange act of 1934, as amended, shall not be subject to the limitations imposed by this chapter if the underlying loans (1) may be paid in full at the option of the borrower and (2) are subject to the credit regulations of the board of governors of the federal reserve system, or its successor.
[ 1981 c 79 § 1.]
Structure Revised Code of Washington
Title 19 - Business Regulations—Miscellaneous
Chapter 19.52 - Interest—Usury.
19.52.005 - Declaration of policy.
19.52.020 - Highest rate permissible—Setup charges.
19.52.025 - Computation of rates—Publication in the Washington State Register.
19.52.030 - Usury—Penalty upon suit on contract—Costs and attorneys' fees.
19.52.032 - Declaratory judgment action to establish usury—Time limitations for commencing.
19.52.034 - Application of chapter 19.52 RCW to loan or forbearance made outside state.
19.52.036 - Application of consumer protection act.
19.52.060 - Interest on charges in excess of published rates.
19.52.100 - Chapter not applicable to retail installment transactions.
19.52.110 - Limitations in chapter not applicable to interest charged by broker-dealers—When.
19.52.120 - Sales contract providing for deferred payment of purchase price not subject to chapter.
19.52.140 - Chapter not applicable to interest, penalties, or costs on delinquent property taxes.
19.52.160 - Chapter not applicable to mobile homes.
19.52.170 - Chapter not applicable to certain loans from tax-qualified retirement plan.