Washington Code 43.86A.080 – Linked deposit program — Minority and women’s business enterprises — Public depositories’ participation
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Public depositories participating in the linked deposit program are encouraged to increase the funds available to certified minority and women’s business enterprises by taking full advantage of the linked deposit program loans to qualify for the community reinvestment act community programs under federal law (12 U.S.C. § 2901 et seq.).
[ 2005 c 302 § 4.]
NOTES:
Intent—2005 c 302: See note following RCW 43.86A.030.
Terms Used In Washington Code 43.86A.080
- Community Reinvestment Act: The Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977. Source: OCC