There is a newer version of the Revised Code of Washington
2005 Revised Code of Washington - Chapter 31.12 RCW: Washington state credit union act
- 31.12.003 Findings -- Intent -- 1997 c 397.
- 31.12.005 Definitions.
- 31.12.015 Declaration of policy.
- 31.12.025 Use of words in name.
- 31.12.035 Application for permission to organize -- Approval.
- 31.12.055 Manner of organizing -- Articles of incorporation -- Submission to director.
- 31.12.065 Bylaws -- Submission to director.
- 31.12.075 Approval, denial of proposed credit union -- Appeal.
- 31.12.085 Filing upon approval -- Fee -- Notice to director -- Authority to commence business.
- 31.12.105 Amendment to articles of incorporation -- Approval of director -- Procedure.
- 31.12.115 Amendment to bylaws -- Approval of director required -- Procedure.
- 31.12.185 Annual membership meetings.
- 31.12.195 Special membership meetings.
- 31.12.225 Board of directors -- Election of directors -- Terms -- Vacancies -- Meetings.
- 31.12.235 Directors -- Qualifications -- Operating officers and employees may serve.
- 31.12.246 Removal of directors -- Interim directors.
- 31.12.255 Board of directors -- Powers and duties.
- 31.12.265 Officers.
- 31.12.267 Directors and officers -- Fiduciary relationship.
- 31.12.269 Directors and committee members -- Limitations on personal liability -- Exceptions.
- 31.12.285 Suspension of members of board or supervisory committee by board -- For cause.
- 31.12.326 Supervisory committee -- Membership -- Terms -- Vacancies -- Operating officers and employees may not serve.
- 31.12.335 Supervisory committee -- Duties.
- 31.12.345 Suspension of members of a committee or members of the board by supervisory committee -- For cause.
- 31.12.365 Directors and members of committees -- Compensation -- Reimbursement -- Loans.
- 31.12.367 Risk -- Bond coverage -- Notice to director.
- 31.12.382 Limitation on membership.
- 31.12.384 Membership.
- 31.12.386 Voting rights -- Methods -- Proxy -- Under eighteen years of age.
- 31.12.388 Expulsion of member -- Challenge -- Share and deposit accounts.
- 31.12.402 Powers.
- 31.12.404 Additional powers -- Powers conferred on federal credit union -- Authority of director.
- 31.12.408 Insurance required after December 31, 1998 -- Federal share insurance program or an equivalent share insurance program -- Director's findings.
- 31.12.413 Low-income credit unions -- Director's approval required -- Powers -- Rules.
- 31.12.416 Shares and deposits governed by chapter 30.22 RCW -- Limitation on shares and deposits -- Notice of withdrawal -- Lien rights.
- 31.12.418 Dividends.
- 31.12.426 Loans to members -- Secured or unsecured loans.
- 31.12.428 Limit on loan amount.
- 31.12.436 Investment of funds in excess of loans.
- 31.12.438 Investment in real property or leasehold interests for own use -- Future expansion.
- 31.12.461 Mergers.
- 31.12.464 Merger or conversion of state into federal, out-of-state, or foreign credit union, or other type of financial institution.
- 31.12.467 Merger or conversion of federal, out-of-state, or foreign to state credit union.
- 31.12.471 Authority of out-of-state or foreign credit union to operate in this state -- Conditions.
- 31.12.474 Liquidation -- Disposition of unclaimed funds.
- 31.12.516 Powers of director.
- 31.12.545 Examinations and investigations -- Reports -- Access to records -- Oaths -- Subpoenas.
- 31.12.565 Examination reports and information confidential -- Exceptions -- Penalty.
- 31.12.567 Reports -- Financial and statistical data -- As required by director.
- 31.12.569 Generally accepted accounting principles.
- 31.12.571 Notice of intent to establish branch -- Another state or foreign jurisdiction.
- 31.12.575 Removal or prohibition orders -- Director's authority -- Notice.
- 31.12.585 Prohibited acts -- Notice -- Cease and desist order.
- 31.12.595 Temporary cease and desist order -- Notice -- Superior court.
- 31.12.625 Administrative hearing -- Procedures.
- 31.12.630 Authority of director to call special meeting of board.
- 31.12.633 Authority of director to attend meetings of the board.
- 31.12.637 Intervention by director -- Conditions.
- 31.12.641 Supervision by director -- Notice -- Compliance -- Costs.
- 31.12.644 Supervision by director -- Certain acts prohibited.
- 31.12.647 Supervision by director -- Credit union request for review.
- 31.12.651 Conservator -- Authorized actions -- Costs.
- 31.12.654 Actions by conservator -- Review.
- 31.12.657 Lawsuits during period of conservatorship.
- 31.12.661 Conservator serves until purposes are accomplished.
- 31.12.664 Liquidation -- Suspension or revocation of articles -- Placement in involuntary liquidation -- Appointment of liquidating agent -- Notice -- Procedure -- Effect.
- 31.12.667 Order directing involuntary liquidation -- Procedure.
- 31.12.671 Receivership -- Appointment of receiver by director -- Notice -- Act without bond.
- 31.12.674 Receiver may be required to show cause -- Superior court.
- 31.12.677 Powers and duties of receiver.
- 31.12.681 Claims against credit union in receivership -- Notice.
- 31.12.684 Receiver shall inventory assets -- File lists of assets and claims -- Objections to approved claims.
- 31.12.687 Expenses incurred by receiver.
- 31.12.691 Liquidation dividends -- Approval of court.
- 31.12.694 Remaining assets -- Distribution.
- 31.12.697 Unclaimed liquidation dividends.
- 31.12.701 Personal property -- Receiver's duties.
- 31.12.704 Proceeds of sale -- Deposit or payment by receiver.
- 31.12.707 Completion of receivership -- Merger, purchase, or liquidation -- Secretary of state.
- 31.12.711 Director may terminate receivership -- Expenses.
- 31.12.714 Receivership files.
- 31.12.717 Pendency of proceedings for review of appointment of receiver -- Liabilities of credit union -- Availability of relevant data.
- 31.12.721 Appointment by court of temporary receiver -- Notice to director.
- 31.12.724 Actions that are void -- Felonious conduct -- Penalties.
- 31.12.728 Applicability of general receivership law.
- 31.12.850 Prohibited acts -- Penalty.
- 31.12.860 Taxation of credit unions.
- 31.12.890 Satellite facilities.
- 31.12.891 Automated teller machines and night depositories security.
- 31.12.902 Short title.
- 31.12.906 Effective date -- 1997 c 397.
- 31.12.907 Severability -- 1997 c 397.
- 31.12.908 Severability -- 2001 c 83. Notes:
CREDIT UNION ORGANIZATION
CORPORATE GOVERNANCE
MEMBERSHIP
POWERS OF CREDIT UNIONS
MEMBERS' ACCOUNTS
LOANS TO MEMBERS
INVESTMENTS
MERGERS, CONVERSIONS, AND VOLUNTARY LIQUIDATIONS
EXAMINATION AND SUPERVISION
MISCELLANEOUS
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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