Revised Code of Washington - RCW Title 33 Savings And Loan Associations - Chapter 33.24 Loans And Investments

33.24.005 "Mortgage" includes deed of trust and real estate contract
The word "mortgage" as used in this title includes deed of trust and real estate contract.[1982 c 3 § 44; 1973 c 130 § 28.]Notes: ...

33.24.007 "Real property" defined
Unless the context clearly requires otherwise, "real property" means improved or unimproved real estate and includes leasehold interests in improved or unimproved real estate and ...

33.24.010 Loans to any one person -- Limitation
An association may invest its funds only as provided in this chapter. It shall not invest more than two and a half percent of its ...

33.24.015 Loans generally -- Limitation
An association may invest not more than twenty percent of its assets in loans on such terms as it deems appropriate.[1982 c 3 § 51.]Notes: ...

33.24.020 Obligations of United States or Canada
An association may invest its funds in loans upon or purchases of the bonds or obligations of or bonds or obligations guaranteed by the United ...

33.24.025 Investment in investment trusts or companies
Except as may be limited by the director by rule, an association may invest its funds in obligations of the United States, as authorized by ...

33.24.030 Obligations of this state
An association may invest its funds in the bonds or interest bearing obligations of this state or any agency thereof.[1955 c 126 § 1; 1945 ...

33.24.040 Obligations of other states
An association may invest its funds in the bonds or interest bearing obligations of any other state of the United States upon which there is ...

33.24.050 Obligations of municipal corporations in this state
An association may invest its funds in the valid warrants or bonds of any city, town, county, school district, port district, or other municipal corporation ...

33.24.060 Obligations of municipal corporations in any state
An association may invest its funds in the valid warrants or bonds of any city, county, school district, port district, or other municipal corporation in ...

33.24.065 Obligations issued or guaranteed by multilateral development bank
An association may invest in obligations issued or guaranteed by any multilateral development bank in which the United States government formally participates. Such investment in ...

33.24.070 City or district light, water, and sewer revenue bonds
An association may invest its funds in the revenue bonds of any city, town, district, or political subdivision of this state for the payment of ...

33.24.080 Local improvement district bonds
An association may invest its funds in the bonds of any local improvement district of any city of this state (except bonds issued for an ...

33.24.090 Obligations of federal and state agencies -- Investment in other associations
An association may invest its funds in stock or notes, bonds, debentures, or other such obligations of any federal home loan bank, the Home Owners' ...

33.24.100 Loans or other obligations secured by real property
An association may invest its funds in loans, mortgages, or other obligations secured by real property.[1982 c 3 § 46; 1979 c 113 § 7; ...

33.24.115 Forming, incorporating with, or investing in other entities -- Limitation
An association, alone or in conjunction with other entities, may form, incorporate, or invest in corporations or other entities, whether or not such other corporation ...

33.24.160 Investment in office equipment and real property interests used in doing business
An association may invest its funds in the acquisition of furniture, fixtures and office equipment convenient and necessary for the carrying on of its business. ...

33.24.200 Personal liability on unlawful loans
Every director, officer, agent, or employee of an association who shall borrow or who shall knowingly permit any person to borrow any of its funds ...

33.24.210 Revenue bonds of public utility districts
See RCW 54.24.120. ...

33.24.220 Stock or bonds of federal home loan bank
See RCW 30.32.020.Notes: Home loan bank as depositary: RCW 30.32.040.May borrow from home loan bank: RCW 30.32.030. ...

33.24.270 Stock in small business investment companies
A savings and loan association may purchase and hold for its own investment accounts stock in small business investment companies licensed and regulated by the ...

33.24.295 Loans for nonbusiness family purposes -- Limitation
An association may invest not to exceed twenty percent of its assets in loans for any nonbusiness family purposes.[1982 c 3 § 48; 1979 c ...

33.24.345 Acquisition of control of association -- Authorized
A person or other entity, including an association, organized under the laws of this state or authorized to transact business in this state, may acquire ...

33.24.350 Acquisition of control of association -- Definitions
Unless the context requires otherwise, the definitions in this section apply throughout this chapter. (1) "Subsidiary" of a person or other entity means any person ...

33.24.360 Acquisition of control of association -- Unlawful, when -- Application -- Contents -- Notice to other associations--Penalty
(1) It is unlawful for any acquiring party to acquire control of an association until thirty days after the date of filing with the director ...

33.24.370 Acquisition of control of association -- Action or proceeding to prevent -- Grounds
The director may within thirty days after the date of filing of the application under RCW 33.24.360, file an action or proceeding in superior court ...

33.24.375 Acquisition of control of association -- Application to foreign association branches
RCW 33.24.345, 33.24.350, 33.24.360, and 33.24.370 do not apply to foreign associations doing business in this state, except when an acquiring party intends to acquire ...