WAC 208-460-070   How much may a member or associated members borrow?  Unless the director grants a waiver for a higher amount, the aggregate amount of member business loans to a member or associated members may not exceed the greater of:

     (1) Fifteen percent of the credit union's net worth; or

     (2) One hundred thousand dollars.



[Statutory Authority: RCW 31.12.426(1), 31.12.516(2),43.320.040 . 01-10-084, § 208-460-070, filed 5/1/01, effective 6/1/01.]