Section 32.20.415. Limitation on certain secured and unsecured loans.  


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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.
    NOTES:
    Severability1981 c 86: See note following RCW 32.08.140.