WSR 20-13-004
AGENDA
DEPARTMENT OF
FINANCIAL INSTITUTIONS
(Division of Credit Unions)
[Filed June 4, 2020, 11:51 a.m.]
Semi-Annual Agenda for Rules under Development
July 1 – December 31, 2020
DIVISION OF CREDIT UNIONS
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| • | Investment rules. Possibly amend rules in chapter 208-436 WAC, as HB 1247 (passed in the 2019 session) allowed additional investment authority for credit unions. These possible rule changes streamline the application process so that credit unions would not have to submit as many applications for approvals of certain investments. |
| • | Member business loans (MBL). Possibly amend rules in chapter 208-460 WAC to clarify that loans secured by a one to four family dwelling is not considered a member business loan, as well as other possible MBL changes. |