Limitation on certain secured and unsecured loans.

RCW 32.20.415
in effect
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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. 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.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=32.20&full=trueFetched: 6/29/2026
RCW 32.20.415 — Limitation on certain secured and unsecured loans | Revised Code of Washington | Corpus