Revised Code of Washington Chapter 32.40 — Community Credit Needs

Washington · statute · Wash. Rev. Code ch. 32.40 · 4 active provisions

Examinations—Investigation and assessment of performance record in meeting community credit needs

(1) In conducting an examination of a savings bank chartered under Title 32 RCW, the director shall investigate and assess the record of performance of the savings bank in meeting the credit needs of the savings bank's entire community, including low and moderate-income neighborhoods. The director shall accept, in lieu…

WashingtonCommunity Credit Needseffective

Housing & Community Development Taxation

Wash. Rev. Code § 32.40.020

Approval and disapproval of applications—Consideration of performance record in meeting community credit needs

Whenever the director must approve or disapprove of an application for a new branch or satellite facility; for a purchase of assets, a merger, an acquisition or a conversion not required for solvency reasons; or for authority to engage in a business activity, the director shall consider, among other factors, the record…

WashingtonCommunity Credit Needseffective

Wash. Rev. Code § 32.40.030

Adoption of rules

The director shall adopt all rules necessary to implement RCW 32.40.010 and 32.40.020 by January 1, 1986.

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Family Law

Wash. Rev. Code § 32.40.901

Effective date—1985 c 329

See RCW 30A.60.901.

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