RCW 33.48.080
Member's proprietary interest—Subordinate to claims of creditors.
Each member in a stock association shall have a proportionate proprietary interest in its assets and net earnings subordinate to the claims of its creditors with priorities as established by this chapter.
[ 1982 c 3 § 94; 1969 c 107 § 8; 1967 c 49 § 6; 1955 c 122 § 9.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Structure Revised Code of Washington
Title 33 - Washington Savings Association Act
Chapter 33.48 - Stock Associations.
33.48.025 - Applicability of chapter 23B.06 RCW.
33.48.040 - Stock dividends, when.
33.48.080 - Member's proprietary interest—Subordinate to claims of creditors.
33.48.090 - Dividends only if interest paid on deposits.
33.48.100 - Conversion procedure—Domestic stock to domestic mutual association.
33.48.130 - Withdrawal of charter amendment or conversion application.
33.48.140 - Legislative intent—Chapter to control over conflicting provisions.
33.48.150 - Organizing permit—Required.
33.48.160 - Organizing permit—Application.
33.48.170 - Organizing permit—Conditions.
33.48.180 - Permit authorizing sale of stock—Applicability.
33.48.200 - Permit authorizing sale of stock—Application—Contents.
33.48.210 - Permit authorizing sale of stock—Examination and investigation—Issuance or denial.
33.48.220 - Recitation in permit to take subscriptions for stock.
33.48.230 - Sales of stock—Imposition of conditions.
33.48.240 - Organizing permit—Amendment, alteration, suspension, or revocation by director—Grounds.
33.48.250 - Purchase by association of stock issued by it—Conditions.
33.48.260 - Reduction of stock—Conditions.
33.48.270 - Reduction of stock—Disposition of surplus.
33.48.290 - RCW 33.48.150 through 33.48.280 inapplicable to foreign associations.