Revised Code of Washington
Chapter 31.12 - Washington State Credit Union Act.
31.12.902 - Short title.

Revised Code of Washington

Title 31 - Miscellaneous Loan Agencies

Chapter 31.12 - 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—Rules.

31.12.235 - Directors—Qualifications—Operating officers and employees may serve.

31.12.246 - Removal of directors and supervisory committee members—Interim directors and supervisory committee members.

31.12.251 - Removal of directors—No quorum.

31.12.255 - Board of directors—Powers and duties.

31.12.265 - Officers.

31.12.267 - Officials—Fiduciary duty—Information relied on—Definition.

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—Audit committee alternative.

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 supervisory committee members—Compensation—Reimbursement—Rules.

31.12.367 - Risk—Bond coverage—Notice to director—Timing.

31.12.372 - Director may suspend any person, reason—Notice—Injunctions.

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—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—Secured or unsecured loans.

31.12.428 - Limit on loan amount.

31.12.436 - Investment of funds—When investment later becomes impermissible.

31.12.438 - Investment in real property or leasehold interests—Limitations—Rules.

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—Rules.

31.12.474 - Liquidation—Disposition of unclaimed funds.

31.12.516 - Powers of director.

31.12.518 - Powers of director under chapter 19.144 RCW.

31.12.545 - Examinations and investigations—Reports—Access to records—Oaths—Subpoenas.

31.12.565 - Examination reports and specified other 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.

31.12.580 - Contents of notice under RCW 31.12.575—Hearing—Order.

31.12.585 - Prohibited acts—Notice—Cease and desist order.

31.12.595 - Temporary cease and desist order—Notice—Principal place of business—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 - Director's orders—Notice to director of hearing—Hearing—Principal place of business—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.

31.12.726 - Conservator or receiver may terminate or adopt executory contracts—Timing—Binding terms—Liability.

31.12.728 - Applicability of general receivership law.

31.12.850 - Prohibited acts—Criminal penalties.

31.12.853 - Prohibited acts—Civil penalties—Rules.

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.

31.12.909 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.

31.12.910 - Effective date—2010 c 87.