Community Reinvestment Act—Limitation on single investment for commercial banks.
The total investment by a commercial bank in a single parcel of real property, and improvements thereon, shall not exceed twenty-five percent of the aggregate amount of such bank's real estate investments allowed by RCW
30A.04.212.
[Statutory Authority: RCW
43.320.040,
43.320.050,
30A.04.030,
30A.12.060,
30A.04.140,
30A.04.210,
30A.04.212,
30A.60.010 – [30A.60.]901,
30A.08.140,
30A.08.150,
30A.04.125 and section 939A of the Dodd-Frank Act. WSR 17-24-053, § 208-512-180, filed 12/1/17, effective 1/1/18. Statutory Authority: RCW
30.04.030 and
43.320.040. WSR 00-17-141, recodified as § 208-512-180, filed 8/22/00, effective 9/22/00. Statutory Authority: Chapter
30.60 RCW, RCW
30.04.212 and
30.04.214. WSR 87-02-010 (Order 66), § 50-12-180, filed 12/30/86.]