Washington Statutes
§ 31.24.075 — Insider transactions.
Washington § 31.24.075
JurisdictionWashington
Title 31MISCELLANEOUS LOAN AGENCIES
Ch. 31.24INDUSTRIAL DEVELOPMENT CORPORATIONS
This text of Washington § 31.24.075 (Insider transactions.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 31.24.075 (2026).
Text
(1)A business development company may not be a party to, nor engage in, an insider transaction, unless such an insider transaction is approved or ratified by its board of directors, exclusive of the vote of any interested director.
(2)Any insider transaction is subject to the examination and enforcement authority of the department under this chapter.
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Legislative History
[2006 c 87 s 10.]
Nearby Sections
15
§ 31.04.015
Definitions.§ 31.04.025
Application of chapter.§ 31.04.027
Violations of chapter.§ 31.04.035
License required—When violation occurs.§ 31.04.055
License—Director's duties.§ 31.04.065
License—Information contained.§ 31.04.075
Licensee—Place of business.§ 31.04.085
Licensee—Assessment—Bond—Time of payment.§ 31.04.105
Licensee—Powers—Restrictions.§ 31.04.125
Loan restrictions—Interest calculations.§ 31.04.135
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Bluebook (online)
Washington § 31.24.075, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/31.24.075.