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32.20.410  <<  32.20.415 >>   32.20.430

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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.

Notes:

Severability1981 c 86: See note following RCW 32.08.140.