There Is a Newer Version of the Revised Code of Washington
  1. 2025 Rev. Code of Wash.
  2. 2024 Rev. Code of Wash.
  3. 2023 Rev. Code of Wash.
  4. 2005 Rev. Code of Wash. (here)
  5. View All Versions
View Our Newest Version Here

2005 Washington Revised Code RCW 33.24.010: Loans to any one person — Limitation.

    An association may invest its funds only as provided in this chapter.

         It shall not invest more than two and a half percent of its assets in any loan or obligation to any one person, except with the written approval of the director.

    [1994 c 92 § 445; 1982 c 3 § 45; 1979 c 113 § 6; 1963 c 246 § 7; 1953 c 71 § 6; 1947 c 257 § 5; 1945 c 235 § 58; Rem. Supp. 1947 § 3717-177. Prior: 1939 c 98 § 11; 1933 c 183 §§ 39, 52, 56, 58; 1925 ex.s. c 144 § 5; 1913 c 110 §§ 8, 9; 1903 c 116 § 2; 1890 p 56 §§ 4, 30.]

Notes:
         Severability -- 1982 c 3: See note following RCW 33.04.002.

         Severability -- 1979 c 113: See note following RCW 33.04.020.

Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.