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 . 01-10-084, § 208-460-130, filed 5/1/01, effective 6/1/01.]