S-1890.1  _______________________________________________

                         SENATE BILL 6007

          _______________________________________________

State of Washington      55th Legislature     1997 Regular Session

By Senators Winsley and Finkbeiner

Read first time 02/25/97.  Referred to Committee on Financial Institutions, Insurance & Housing.

Eliminating the operating expenses limitation on mutual savings banks.

    AN ACT Relating to the limitation on the operating expenses of mutual savings banks; and repealing RCW 32.04.060.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  RCW 32.04.060 and 1994 c 256 s 94, 1981 c 86 s 1, 1977 ex.s. c 171 s 1, & 1955 c 13 s 32.04.060 are each repealed.

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