Statutes, codes, and regulations
Washington Administrative Code
Title 332 - Natural Resources, Board and Department of (See also Title 222)
Chapter 332-100 - Leases, sales, rights of way, etc
Section 332-100-050 - Rate of interest for contracts

Wash. Admin. Code § 332-100-050

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Current through Register Vol. 24-22, November 15, 2024
Section 332-100-050 - Rate of interest for contracts

The interest rate to be charged on all contracts requiring the same pursuant to RCW 79.01.216 shall be the average for thirty year fixed conventional mortgages on the first day of the last full month preceding approval by the board of natural resources. Said rate shall not be less than six percent.

Wash. Admin. Code § 332-100-050

Statutory Authority: RCW 79.01.132, 79.01.216, 79.90.520, 79.90.535 and 1991 c 64 §§ 1 and 2. 91-22-079 (Order 580), § 332-100-050, filed 11/5/91, effective 12/6/91. Statutory Authority: RCW 79.01.132, 79.01.216 and 79.64.030. 80-11-013 (Order 346, Resolution No. 304), § 332-100-050, filed 8/11/80.