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WASHINGTON STATUTES AND CODES
32.20.415 - Limitation on certain secured and unsecured loans.
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.
[1981 c 86 ยง 15.]
Notes: Severability -- 1981 c 86: See note following RCW 32.08.140.
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