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Statutes > Washington Laws > Title 31 - Miscellaneous loan agencies > 31.20 - Development credit corporations. > 31.20.060 - Members power to loan funds to corporation.

STATE STATUTES & CODES

WASHINGTON STATUTES AND CODES

31.20.060 - Members power to loan funds to corporation.

Members power to loan funds to corporation.

Any member, as set forth in RCW 31.20.070, shall have power and authority to loan any of their funds to any development credit corporation of which they are a member, subject to the restrictions as set forth in RCW 31.20.080, notwithstanding any laws to the contrary pertaining to such member.

[1959 c 213 ยง 6.]

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