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