Washington § 33.24.010 Authority to invest—Limits on loans and extensions of credit.

Washington Statutes

§ 33.24.010 — Authority to invest—Limits on loans and extensions of credit.

Washington § 33.24.010

Title 33WASHINGTON SAVINGS ASSOCIATION ACT

Ch. 33.24LOANS AND INVESTMENTS

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Bluebook

Wash. Rev. Code § 33.24.010 (2026).

Text

(1)An association may invest its funds only as provided in this chapter.

(2)An association is subject to the same limits on loans and extensions of credit, and exceptions thereto, as set forth in *RCW 30.04.111 . *Reviser's note: RCW 30.04.111 was recodified as RCW 30A.04.111 pursuant to 2014 c 37 s 4, effective January 5, 2015. Severability — 1982 c 3: See note following RCW 33.04.002 . Severability — 1979 c 113: See note following RCW 33.04.020 .

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(1) An association may invest its funds only as provided in this chapter.

(2) An association is subject to the same limits on loans and extensions of credit, and exceptions thereto, as set forth in *RCW 30.04.111 .

*Reviser's note: RCW 30.04.111 was recodified as RCW 30A.04.111 pursuant to 2014 c 37 s 4, effective January 5, 2015.

Severability — 1982 c 3: See note following RCW 33.04.002 .

Severability — 1979 c 113: See note following RCW 33.04.020 .

Legislative History

[2013 c 76 s 30;1994 c 92 s 445;1982 c 3 s 45;1979 c 113 s 6;1963 c 246 s 7;1953 c 71 s 6;1947 c 257 s 5;1945 c 235 s 58; Rem. Supp. 1947 s 3717-177. Prior:1939 c 98 s 11; 1933 c 183 ss 39, 52, 56, 58;1925 ex.s. c 144 s 5; 1913 c 110 ss 8, 9;1903 c 116 s 2; 1890 p 56 ss 4, 30.]