Section 208-460-130. What is the aggregate member business loan limit?

Latest version.

The aggregate limit on the amount of a credit union's member business loans is the lesser of:

(1) One and three quarters times the credit union's net worth; or

(2) Twelve and one quarter percent of the credit union's total assets.

[Statutory Authority: RCW 31.12.426(1), 31.12.516(2), 43.320.040. WSR 01-10-084, § 208-460-130, filed 5/1/01, effective 6/1/01.]

RCW 31.12.426(1), 31.12.516(2), 43.320.040. WSR 01-10-084, § 208-460-130, filed 5/1/01, effective 6/1/01.

                    
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