Section 208-460-070. How much may a member or associated members borrow?  


Latest version.
  • Unless the director grants a waiver for a higher amount, the aggregate amount of member business loans to a member or associated members may not exceed the greater of:
    (1) Fifteen percent of the credit union's net worth; or
    (2) One hundred thousand dollars.
    [Statutory Authority: RCW 31.12.426(1), 31.12.516(2), 43.320.040. WSR 01-10-084, § 208-460-070, filed 5/1/01, effective 6/1/01.]
RCW 31.12.426(1), 31.12.516(2), 43.320.040. WSR 01-10-084, § 208-460-070, filed 5/1/01, effective 6/1/01.