§ 30A.60.010 Examinations — Investigation and assessment of performance record in meeting community credit needs
§ 30A.60.020 Approval and disapproval of applications — Consideration of performance record in meeting community credit needs
§ 30A.60.030 Adoption of rules
§ 30A.60.901 Effective date — 1985 c 329
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Terms Used In Washington Code > Chapter 30A.60 - Community credit needs

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.