Statutes > Washington Statutes > Title 33 - Savings and loan associations > 33.36 - Prohibited acts -- Penalties. > 33.36.020 - Purchase at discount of accounts or certificates.

33.36.020 - Purchase at discount of accounts or certificates.

Purchase at discount of accounts or certificates.

Any director, officer, agent, attorney, or employee of an association who, directly or indirectly, shall purchase at a discount any savings account in the association or any certificate or debenture of any segregation corporation holding assets formerly held by the association shall be guilty of a gross misdemeanor.

[1945 c 235 § 88; Rem. Supp. 1945 § 3717-207. Prior: 1933 c 183 §§ 62, 101.]