§ 31.24.073. Aggregate limit on loans and investments -- Single borrower or business
Unless part of an initial or amended business plan approved by the director, or as may otherwise be provided by rule adopted pursuant to RCW 31.24.120(3), the aggregate limit of qualified loans, qualified investment, and partial funding of qualified participation loans by a business development company to a single borrower or business, in relation to a business development project, shall not exceed twenty-five percent of the combined capital, surplus, and undivided profits of the business development company.
[2006 c 87 § 9.]
Sections: Previous 31.24.010 31.24.020 31.24.023 31.24.025 31.24.030 31.24.066 31.24.070 31.24.073 31.24.075 31.24.080 31.24.090 31.24.100 31.24.110 31.24.120 31.24.130 NextLast modified: April 7, 2009