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§ 32-20-415 — Washington Law | CourtGPT
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Washington Legal Code

§ 32-20-415

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RCW 32.20.415Limitation 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 s 15.]NOTES:Severability—1981 c 86: See note following RCW 32.08.140.