Statutes, codes, and regulations
Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-512A - Limits on loans and extensions of credit
Section 208-512A-400 - Effect of OCC rules, interpretations and opinions as guidance

Wash. Admin. Code § 208-512A-400

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Current through Register Vol. 24-23, December 1, 2024
Section 208-512A-400 - Effect of OCC rules, interpretations and opinions as guidance

Where RCW 30A.04.111 and this chapter do not specifically address certain transactions involving loans and extensions of credit, the division may, as necessary, in its interpretations and supervision and enforcement of banks, be guided by applicable rules, interpretations, and opinions of the Office of the Comptroller of the Currency in the interest of a bank's safety and soundness, but only to the extent that such rules, interpretations, and opinions are compatible with the provisions of RCW 30A.04.111 and this chapter.

Wash. Admin. Code § 208-512A-400

Amended by WSR 17-24-053, Filed 12/1/2017, effective 1/1/2018

Statutory Authority: RCW 30.04.030, 30.04.111, 30.04.215, 30.08.140, 32.08.157, 43.320.040, and 43.320.050 and Section 611 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (codified as section 18(y) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(y)), which takes effect January 21, 2013. 13-03-037, § 208-512A-400, filed 1/8/13, effective 2/8/13.