Washington Statutes
§ 43.52.395 — Maximum interest rate operating agency may pay member.
Washington § 43.52.395
This text of Washington § 43.52.395 (Maximum interest rate operating agency may pay member.) 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 § 43.52.395 (2026).
Text
(1)The maximum rate at which an operating agency shall add interest in repaying a member under RCW 43.52.391 may not exceed the higher of fifteen percent per annum or four percentage points above the equivalent coupon issue yield (as published by the Board of Governors of the Federal Reserve System) of the average bill rate for twenty-six week treasury bills as determined at the first bill market auction conducted during the preceding calendar month.
(2)The maximum rate specified in subsection (1) of this section is applicable to all advances and contributions made by each member to the agency prior to January 21, 1982, and to all renewals of such advances and contributions.
Severability — 1982 c 1: See note following RCW 43.52.391 .
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Related
Public Utility District No. 1 v. Washington Public Power Supply System
705 P.2d 1195 (Washington Supreme Court, 1986)
Legislative History
[1989 c 14 s 4;1982 c 1 s 2.]
Nearby Sections
15
§ 43.01.010
Terms of office.§ 43.01.020
Oath of office.§ 43.01.031
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Reports—Periods to be covered.§ 43.01.036
Reports—Electronic format—Online access.§ 43.01.043
Vacations—Rules and regulations.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 43.52.395, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/43.52.395.