Washington Code 41.50.220 – Trustees, employees not to guarantee loans
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No trustee or employee of the department shall become an endorser or surety or an obligor for moneys loaned by the department.
[ 1991 c 35 § 37; 1947 c 80 § 23; Rem. Supp. 1947 § 4995-42. Prior: 1941 c 97 § 6, part; 1939 c 86 § 6, part; 1937 c 221 § 7, part; Rem. Supp. 1941 § 4995-7, part. Formerly RCW 41.32.230.]
NOTES:
Intent—1991 c 35: See note following RCW 41.26.005.
Terms Used In Washington Code 41.50.220
- Department: means the department of retirement systems; and
Washington Code 41.50.010Trustee: A person or institution holding and administering property in trust.