RCW 33.24.200
Personal liability on unlawful loans.
Every director, officer, agent, or employee of an association who shall borrow or who shall knowingly permit any person to borrow any of its funds in violation of the provisions of this title shall be personally liable for any loss or damage which the association may sustain in consequence thereof.
[ 1945 c 235 § 94; Rem. Supp. 1945 § 3717-213.]
Structure 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.
33.24.370 - Acquisition of control of association—Action or proceeding to prevent—Grounds.
33.24.375 - Acquisition of control of association—Application to foreign association branches.