Wash. Admin. Code ch. 208-460 – Member Business Loans | Midpage

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Washington Administrative Code (WAC)

Chapter 460

Wash. Admin. Code ch. 208-460

Member Business Loans

FINANCIAL INSTITUTIONS, DEPARTMENT OF

208-460-010What is a member business loan?208-460-020What member business loans are prohibited?208-460-030What are the requirements for MBL development and construction lending?208-460-040How do you implement a member business loan program?208-460-050What must your member business loan policy address?208-460-060What are the collateral and security requirements?208-460-070How much may a member or associated members borrow?208-460-080How do you calculate the aggregate fifteen percent limit?208-460-090What waivers are available?208-460-100How do you obtain a waiver?208-460-110How do I classify member business loans so as to reserve for potential losses?208-460-120How much must I reserve for potential losses?208-460-130What is the aggregate member business loan limit?208-460-140Are there any exceptions to the aggregate MBL limit?208-460-150How do I obtain an exception?208-460-160What are the recordkeeping requirements?208-460-170Definitions