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2005 Washington Revised Code RCW 90.84.040: Certification of banks — Approval of use of credits by state and local governments.

    (1) The department may certify only those banks that meet the requirements of this chapter. Certification shall be accomplished through a banking instrument. The local jurisdiction in which the bank is located shall be signatory to the banking instrument.

         (2) State agencies and local governments may approve use of credits from a bank for any mitigation required under a permit issued or approved by that state agency or local government to compensate for the proposed impacts of a specific public or private project.

    [1998 c 248 § 5.]

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