Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.32.030 May borrow from home loan bank

§ 30.32.030. May borrow from home loan bank

Any such bank, trust company, insurance company, or association, may borrow from any home loan bank and as security for borrowing may pledge therewith the notes, mortgages, trust deeds which it holds as shall be required by federal law, and under such rules and regulations as shall be adopted by a federal home loan bank.

[1955 c 33 § 30.32.030. Prior: 1933 c 105 § 2; RRS § 3294-2.]

Sections:  Previous  30.32.010  30.32.020  30.32.030  30.32.040  Next

Last modified: April 7, 2009