Limitation on certain secured and unsecured loans.

RCW 32.20.415 — under Chapter 32.20 Investments..

RCW 32.20.415

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 s 15.]Notes:Severability—1981 c 86: See note following RCW 32.08.140.