Washington § 43.163.110 - Restrictions on authority's activity.

Full text of Washington Revised Code of Washington § 43.163.110 — Restrictions on authority's activity., with citation guidance and answers to common questions.

§ 43.163.110. Restrictions on authority's activity.

Notwithstanding any other provision of this chapter, the authority shall not:
(1) Give any state money or property or loan any state money or credit to or in aid of any individual, association, company, or corporation, or become directly or indirectly the owner of any stock in or bonds of any association, company, or corporation;
(2) Issue bills of credit or accept deposits of money for time or demand deposit, administer trusts, engage in any form or manner in, or in the conduct of, any private or commercial banking business, or act as a savings bank or savings and loan association other than as provided in this chapter;
(3) Be or constitute a bank or trust company within the jurisdiction or under the control of the director of financial institutions, the comptroller of the currency of the United States of America or the treasury department thereof;
(4) Be or constitute a bank, broker or dealer in securities within the meaning of, or subject to the provisions of, any securities, securities exchange or securities dealers' law of the United States of America or the state;
(5) Engage in the financing of housing as provided for in chapter 43.180 RCW;
(6) Engage in the financing of health care facilities as provided for in chapter 70.37 RCW; or
(7) Engage in financing higher education facilities as provided for in chapter 28B.07 RCW.
[ 1994 c 92 s 499; 1989 c 279 s 12.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 43.163.110

What does Revised Code of Washington § 43.163.110 cover?

Section 43.163.110 ("Restrictions on authority's activity.") 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 § 43.163.110?

A common citation format is "Revised Code of Washington § 43.163.110" (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.

How does Washington § 43.163.110 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.