No member during the term of appointment may be employed by any investment brokerage or mortgage servicing firm doing business with the state investment board. A trust department of a commercial bank or trust company organized under federal or state law is not considered a mortgage servicing firm for purposes of this section.

NOTES:

Effective datesSeverability1981 c 3: See notes following RCW 43.33A.010.

Terms Used In Washington Code 43.33A.060

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.