Revised Code of Washington
Chapter 33.24 - Loans and Investments.
33.24.015 - Loans generally—Limitation.

RCW 33.24.015
Loans generally—Limitation.

An association may invest not more than twenty percent of its assets in loans on such terms as it deems appropriate.

[ 1982 c 3 § 51.]
NOTES:

Severability—1982 c 3: See note following RCW 33.04.002.

Structure Revised Code of Washington

Revised Code of Washington

Title 33 - Washington Savings Association Act

Chapter 33.24 - Loans and Investments.

33.24.005 - "Mortgage" includes deed of trust and real estate contract.

33.24.007 - "Real property" defined.

33.24.010 - Authority to invest—Limits on loans and extensions of credit.

33.24.015 - Loans generally—Limitation.

33.24.020 - Obligations of United States or Canada.

33.24.025 - Investment in investment trusts or companies.

33.24.030 - Obligations of this state.

33.24.040 - Obligations of other states.

33.24.050 - Obligations of municipal corporations in this state.

33.24.060 - Obligations of municipal corporations in any state.

33.24.065 - Obligations issued or guaranteed by multilateral development bank.

33.24.070 - City or district light, water, and sewer revenue bonds.

33.24.080 - Local improvement district bonds.

33.24.090 - Obligations of federal and state agencies—Investment in other associations.

33.24.100 - Loans or other obligations secured by real property.

33.24.115 - Forming, incorporating with, or investing in other entities—Limitation.

33.24.160 - Investment in office equipment and real property interests used in doing business.

33.24.200 - Personal liability on unlawful loans.

33.24.210 - Revenue bonds of public utility districts.

33.24.220 - Stock or bonds of federal home loan bank.

33.24.270 - Stock in small business investment companies.

33.24.295 - Loans for nonbusiness family purposes—Limitation.

33.24.345 - Acquisition of control of association—Authorized.

33.24.350 - Acquisition of control of association—Definitions.

33.24.360 - Acquisition of control of association—Unlawful, when—Application—Contents—Notice to other associations—Penalty.

33.24.370 - Acquisition of control of association—Action or proceeding to prevent—Grounds.

33.24.375 - Acquisition of control of association—Application to foreign association branches.