Revised Code of Washington - RCW Title 31 Miscellaneous Loan Agencies - Chapter 31.35 Agricultural Lenders -- Loan Guaranty Program
- 31.35.010 Findings -- Intent
The legislature finds and declares that nondepository agricultural lenders can enhance their access to working capital for the purpose of financing agricultural borrowers by using ...
- 31.35.020 Definitions
Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) "Agricultural lender" means a Washington corporation incorporated under Title ...
- 31.35.030 Administration -- Rules -- Duties of director
(1) The director shall administer this chapter. The director may issue orders and adopt rules that, in the opinion of the director, are necessary to ...
- 31.35.040 Participation by agricultural lender -- Powers and privileges
(1) An agricultural lender may participate in a loan guaranty program. If an agricultural lender participates in a loan guaranty program, the agricultural lender shall ...
- 31.35.050 Costs of supervision -- Fees
(1) The director is authorized to charge a fee for the estimated direct and indirect costs for examination and supervision by the director of an ...
- 31.35.060 Responsibility of agricultural lender -- Recordkeeping -- Loan loss reserve
(1) An agricultural lender shall keep books, accounts, and other records in such form and manner as required by the director. These records shall be ...
- 31.35.070 Examination of agricultural lender
(1) The director shall visit each agricultural lender at least every twenty-four months for the purpose of assuring that the agricultural lender remains in compliance ...
- 31.35.080 Enforcement -- Responsibility of director -- Penalty
(1) The director shall adopt rules to enforce the intent and purposes of this chapter. Such rules shall include, but not be limited to, the ...
- 31.35.090 Enforcement -- Court order
If, in the opinion of the director, an agricultural lender violates or there is reasonable cause to believe that an agricultural lender is about to ...
- 31.35.100 Notice -- Investments not insured
All agricultural lenders shall notify their members at the time of membership and annually thereafter that their investment in the agricultural lender, although regulated by ...
- 31.35.105 Application of RCW 31.24.230
RCW 31.24.230 (2) through (4) supersede any contrary provision of this chapter.[2006 c 87 § 28.] ...
- 31.35.900 Severability -- Administrative review -- 1990 c 134
If any provision of this act or its application to any person or circumstance is held invalid or, if in the written opinion of the ...
Last modified: April 7, 2009