Washington § 33.04.002 - Legislative declaration, intent — Purpose.

Full text of Washington Revised Code of Washington § 33.04.002 — Legislative declaration, intent — Purpose., with citation guidance and answers to common questions.

§ 33.04.002. Legislative declaration, intent — Purpose.

The legislature finds that the statutory law relating to savings and loan associations has not been generally updated or modernized since 1945; and, as a result, many changes to Title 33 RCW should now be made with respect to the powers and duties of the director; to the provisions relating to the organization, management and conversion of savings and loan associations; and to the powers and restrictions placed upon savings and loan associations to make investments. While it is the intent of the legislature to grant permissive investment powers to state-chartered savings and loan associations, it does not intend these associations to abandon the residential financing market in Washington. It, therefore, finds that the powers granted in chapter 3, Laws of 1982 are for the purpose of updating and modernizing the law relating to savings and loan associations, thereby creating a more secure and responsive financial environment in which the residential homebuyer will continue to obtain financing.
[ 1994 c 92 s 413; 1982 c 3 s 1.]

Notes

Severability—1982 c 3: "If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1982 c 3 s 118.]

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Frequently Asked Questions About Washington § 33.04.002

What does Revised Code of Washington § 33.04.002 cover?

Section 33.04.002 ("Legislative declaration, intent — Purpose.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 33.04.002?

A common citation format is "Revised Code of Washington § 33.04.002" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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Sources & Verification

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