GroundRules
← Search the law
Washington · Through July 15, 2026

RCW 31.24.073: Aggregate limit on loans and investments—Single borrower or business.

Read at publisher ↗
Where this section sits in the code
  1. Title 31
  2. Chapter 31.24

Unless part of an initial or amended business plan approved by the director, or as may otherwise be provided by rule adopted pursuant to RCW 31.24.120(3), the aggregate limit of qualified loans, qualified investment, and partial funding of qualified participation loans by a business development company to a single borrower or business, in relation to a business development project, shall not exceed twenty-five percent of the combined capital, surplus, and undivided profits of the business development company.

Collected 2026-09-06T02:03:50Z. Source file · JSON

Browse this collection