Washington § 32.20.450 - Low-cost housing — Legislative finding.

Full text of Washington Revised Code of Washington § 32.20.450 — Low-cost housing — Legislative finding., with citation guidance and answers to common questions.

§ 32.20.450. Low-cost housing — Legislative finding.

The legislature finds there is a shortage of adequate housing in a suitable environment in many parts of this state for people of modest means, which shortage adversely affects the public in general and the mutual savings banks of this state and their depositors. The legislature further finds that the making of loans or investments to alleviate this problem which may provide a less than market rate of return and entail a higher degree of risk than might otherwise be acceptable, will benefit this state, the banks, and their depositors.
[ 1973 1st ex.s. c 31 s 1.]

Notes

Construction—1973 1st ex.s. c 31: See RCW 32.20.500.

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Frequently Asked Questions About Washington § 32.20.450

What does Revised Code of Washington § 32.20.450 cover?

Section 32.20.450 ("Low-cost housing — Legislative finding.") 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 § 32.20.450?

A common citation format is "Revised Code of Washington § 32.20.450" (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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