Revised Code of Washington
Title 31 - Miscellaneous Loan Agencies
Chapter 31.12 - Washington State Credit Union Act.

31.12.055 - Manner of organizing—Articles of incorporation—Submission to director. - RCW 31.12.055 Manner of organizing—Articles of incorporation—Submission to director. (1)...

31.12.065 - Bylaws—Submission to director. - RCW 31.12.065 Bylaws—Submission to director. (1) Persons applying for the...

31.12.075 - Approval, denial of proposed credit union—Appeal. - RCW 31.12.075 Approval, denial of proposed credit union—Appeal. (1) When...

31.12.085 - Filing upon approval—Fee—Notice to director—Authority to commence business. - RCW 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. - RCW 31.12.105 Amendment to articles of incorporation—Approval of director—Procedure. A...

31.12.115 - Amendment to bylaws—Approval of director required—Procedure. - RCW 31.12.115 Amendment to bylaws—Approval of director required—Procedure. (1) A...

31.12.185 - Annual membership meetings. - RCW 31.12.185 Annual membership meetings. (1) A credit union's annual...

31.12.195 - Special membership meetings. - RCW 31.12.195 Special membership meetings. (1) A special membership meeting...

31.12.225 - Board of directors—Election of directors—Terms—Vacancies—Meetings—Rules. - RCW 31.12.225 Board of directors—Election of directors—Terms—Vacancies—Meetings—Rules. (1) The business...

31.12.235 - Directors—Qualifications—Operating officers and employees may serve. - RCW 31.12.235 Directors—Qualifications—Operating officers and employees may serve. (1) A...

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

31.12.251 - Removal of directors—No quorum. - RCW 31.12.251 Removal of directors—No quorum. If at any time...

31.12.255 - Board of directors—Powers and duties. - RCW 31.12.255 Board of directors—Powers and duties. The business and...

31.12.265 - Officers. - RCW 31.12.265 Officers. (1) The board at its first meeting...

31.12.267 - Officials—Fiduciary duty—Information relied on—Definition. - RCW 31.12.267 Officials—Fiduciary duty—Information relied on—Definition. (1) Officials owe a...

31.12.269 - Directors and committee members—Limitations on personal liability—Exceptions. - RCW 31.12.269 Directors and committee members—Limitations on personal liability—Exceptions. (1)...

31.12.285 - Suspension of members of board or supervisory committee by board—For cause. - RCW 31.12.285 Suspension of members of board or supervisory committee...

31.12.326 - Supervisory committee—Membership—Terms—Vacancies—Operating officers and employees may not serve—Audit committee alternative. - RCW 31.12.326 Supervisory committee—Membership—Terms—Vacancies—Operating officers and employees may not serve—Audit...

31.12.335 - Supervisory committee—Duties. - RCW 31.12.335 Supervisory committee—Duties. (1) The supervisory committee of a...

31.12.345 - Suspension of members of a committee or members of the board by supervisory committee—For cause. - RCW 31.12.345 Suspension of members of a committee or members...

31.12.365 - Directors and supervisory committee members—Compensation—Reimbursement—Rules. - RCW 31.12.365 Directors and supervisory committee members—Compensation—Reimbursement—Rules. (1) A credit...

31.12.367 - Risk—Bond coverage—Notice to director—Timing. - RCW 31.12.367 Risk—Bond coverage—Notice to director—Timing. (1) Each credit union...

31.12.372 - Director may suspend any person, reason—Notice—Injunctions. - RCW 31.12.372 Director may suspend any person, reason—Notice—Injunctions. (1) The...

31.12.382 - Limitation on membership. - RCW 31.12.382 Limitation on membership. (1) Membership in a credit...

31.12.384 - Membership. - RCW 31.12.384 Membership. (1) A credit union may admit to...

31.12.386 - Voting rights—Methods—Proxy—Under eighteen years of age. - RCW 31.12.386 Voting rights—Methods—Proxy—Under eighteen years of age. (1) No...

31.12.388 - Expulsion of member—Challenge—Share and deposit accounts. - RCW 31.12.388 Expulsion of member—Challenge—Share and deposit accounts. (1) Members...

31.12.402 - Powers. - RCW 31.12.402 Powers. A credit union may: (1) Issue shares...

31.12.404 - Additional powers—Authority of director. - RCW 31.12.404 Additional powers—Authority of director. (1) Notwithstanding any other...

31.12.408 - Insurance required after December 31, 1998—Federal share insurance program or an equivalent share insurance program—Director's findings. - RCW 31.12.408 Insurance required after December 31, 1998—Federal share insurance...

31.12.413 - Low-income credit unions—Director's approval required—Powers—Rules. - RCW 31.12.413 Low-income credit unions—Director's approval required—Powers—Rules. (1) A credit...

31.12.416 - Shares and deposits governed by chapter 30.22 RCW—Limitation on shares and deposits—Notice of withdrawal—Lien rights. - RCW 31.12.416 Shares and deposits governed by chapter 30.22 RCW—Limitation...

31.12.418 - Dividends. - RCW 31.12.418 Dividends. Dividends may be paid from current undivided...

31.12.426 - Loans—Secured or unsecured loans. - RCW 31.12.426 Loans—Secured or unsecured loans. (1) A credit union...

31.12.428 - Limit on loan amount. - RCW 31.12.428 Limit on loan amount. (1) No loan may...

31.12.436 - Investment of funds—When investment later becomes impermissible. - RCW 31.12.436 Investment of funds—When investment later becomes impermissible. (1)...

31.12.438 - Investment in real property or leasehold interests—Limitations—Rules. - RCW 31.12.438 Investment in real property or leasehold interests—Limitations—Rules. (1)...

31.12.461 - Mergers. - RCW 31.12.461 Mergers. (1) For purposes of this section, a...

31.12.464 - Merger or conversion of state into federal, out-of-state, or foreign credit union, or other type of financial institution. - RCW 31.12.464 Merger or conversion of state into federal, out-of-state,...

31.12.467 - Merger or conversion of federal, out-of-state, or foreign to state credit union. - RCW 31.12.467 Merger or conversion of federal, out-of-state, or foreign...

31.12.471 - Authority of out-of-state or foreign credit union to operate in this state—Conditions—Rules. - RCW 31.12.471 Authority of out-of-state or foreign credit union to...

31.12.474 - Liquidation—Disposition of unclaimed funds. - RCW 31.12.474 Liquidation—Disposition of unclaimed funds. (1) At a special...

31.12.516 - Powers of director. - RCW 31.12.516 Powers of director. (1) The powers of supervision...

31.12.518 - Powers of director under chapter 19.144 RCW. - RCW 31.12.518 Powers of director under chapter 19.144 RCW. The...

31.12.545 - Examinations and investigations—Reports—Access to records—Oaths—Subpoenas. - RCW 31.12.545 Examinations and investigations—Reports—Access to records—Oaths—Subpoenas. (1) The director...

31.12.565 - Examination reports and specified other information confidential—Exceptions—Penalty. - RCW 31.12.565 Examination reports and specified other information confidential—Exceptions—Penalty. (1)...

31.12.567 - Reports—Financial and statistical data—As required by director. - RCW 31.12.567 Reports—Financial and statistical data—As required by director. A...

31.12.569 - Generally accepted accounting principles. - RCW 31.12.569 Generally accepted accounting principles. Credit unions will comply...

31.12.571 - Notice of intent to establish branch—Another state or foreign jurisdiction. - RCW 31.12.571 Notice of intent to establish branch—Another state or...

31.12.575 - Removal or prohibition orders—Director's authority—Notice. - RCW 31.12.575 Removal or prohibition orders—Director's authority—Notice. The director may...

31.12.580 - Contents of notice under RCW 31.12.575—Hearing—Order. - RCW 31.12.580 Contents of notice under RCW 31.12.575—Hearing—Order. (1) A...

31.12.585 - Prohibited acts—Notice—Cease and desist order. - RCW 31.12.585 Prohibited acts—Notice—Cease and desist order. (1) The director...

31.12.595 - Temporary cease and desist order—Notice—Principal place of business—Superior court. - RCW 31.12.595 Temporary cease and desist order—Notice—Principal place of business—Superior...

31.12.625 - Administrative hearing—Procedures. - RCW 31.12.625 Administrative hearing—Procedures. An administrative hearing on the notice...

31.12.630 - Authority of director to call special meeting of board. - RCW 31.12.630 Authority of director to call special meeting of...

31.12.633 - Authority of director to attend meetings of the board. - RCW 31.12.633 Authority of director to attend meetings of the...

31.12.637 - Intervention by director—Conditions. - RCW 31.12.637 Intervention by director—Conditions. The director may place a...

31.12.641 - Supervision by director—Notice—Compliance—Costs. - RCW 31.12.641 Supervision by director—Notice—Compliance—Costs. (1) As authorized by RCW...

31.12.644 - Supervision by director—Certain acts prohibited. - RCW 31.12.644 Supervision by director—Certain acts prohibited. During the period...

31.12.647 - Supervision by director—Credit union request for review. - RCW 31.12.647 Supervision by director—Credit union request for review. During...

31.12.651 - Conservator—Authorized actions—Costs. - RCW 31.12.651 Conservator—Authorized actions—Costs. (1) As authorized by RCW 31.12.637,...

31.12.654 - Actions by conservator—Review. - RCW 31.12.654 Actions by conservator—Review. During the period of conservatorship,...

31.12.657 - Lawsuits during period of conservatorship. - RCW 31.12.657 Lawsuits during period of conservatorship. Any suit filed...

31.12.661 - Conservator serves until purposes are accomplished. - RCW 31.12.661 Conservator serves until purposes are accomplished. The conservator...

31.12.664 - Liquidation—Suspension or revocation of articles—Placement in involuntary liquidation—Appointment of liquidating agent—Notice—Procedure—Effect. - RCW 31.12.664 Liquidation—Suspension or revocation of articles—Placement in involuntary liquidation—Appointment...

31.12.667 - Order directing involuntary liquidation—Procedure. - RCW 31.12.667 Order directing involuntary liquidation—Procedure. (1) On receipt of...

31.12.671 - Receivership—Appointment of receiver by director—Notice—Act without bond. - RCW 31.12.671 Receivership—Appointment of receiver by director—Notice—Act without bond. (1)...

31.12.674 - Director's orders—Notice to director of hearing—Hearing—Principal place of business—Superior court. - RCW 31.12.674 Director's orders—Notice to director of hearing—Hearing—Principal place of...

31.12.677 - Powers and duties of receiver. - RCW 31.12.677 Powers and duties of receiver. Upon taking possession...

31.12.681 - Claims against credit union in receivership—Notice. - RCW 31.12.681 Claims against credit union in receivership—Notice. The receiver...

31.12.684 - Receiver shall inventory assets—File lists of assets and claims—Objections to approved claims. - RCW 31.12.684 Receiver shall inventory assets—File lists of assets and...

31.12.687 - Expenses incurred by receiver. - RCW 31.12.687 Expenses incurred by receiver. All expenses incurred by...

31.12.691 - Liquidation dividends—Approval of court. - RCW 31.12.691 Liquidation dividends—Approval of court. At any time after...

31.12.694 - Remaining assets—Distribution. - RCW 31.12.694 Remaining assets—Distribution. When all expenses of the receivership...

31.12.697 - Unclaimed liquidation dividends. - RCW 31.12.697 Unclaimed liquidation dividends. Any liquidation dividends to share...

31.12.701 - Personal property—Receiver's duties. - RCW 31.12.701 Personal property—Receiver's duties. (1) The receiver shall inventory,...

31.12.704 - Proceeds of sale—Deposit or payment by receiver. - RCW 31.12.704 Proceeds of sale—Deposit or payment by receiver. The...

31.12.707 - Completion of receivership—Merger, purchase, or liquidation—Secretary of state. - RCW 31.12.707 Completion of receivership—Merger, purchase, or liquidation—Secretary of state....

31.12.711 - Director may terminate receivership—Expenses. - RCW 31.12.711 Director may terminate receivership—Expenses. If at any time...

31.12.714 - Receivership files. - RCW 31.12.714 Receivership files. The receiver or director, as appropriate,...

31.12.717 - Pendency of proceedings for review of appointment of receiver—Liabilities of credit union—Availability of relevant data. - RCW 31.12.717 Pendency of proceedings for review of appointment of...

31.12.721 - Appointment by court of temporary receiver—Notice to director. - RCW 31.12.721 Appointment by court of temporary receiver—Notice to director....

31.12.724 - Actions that are void—Felonious conduct—Penalties. - RCW 31.12.724 Actions that are void—Felonious conduct—Penalties. (1) Every transfer...

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

31.12.728 - Applicability of general receivership law. - RCW 31.12.728 Applicability of general receivership law. Except in cases...

31.12.850 - Prohibited acts—Criminal penalties. - RCW 31.12.850 Prohibited acts—Criminal penalties. (1)(a) It is unlawful for...

31.12.853 - Prohibited acts—Civil penalties—Rules. - RCW 31.12.853 Prohibited acts—Civil penalties—Rules. (1) The department is authorized...

31.12.860 - Taxation of credit unions. - RCW 31.12.860 Taxation of credit unions. Neither a credit union...

31.12.890 - Satellite facilities. - RCW 31.12.890 Satellite facilities. See chapter 30A.43 RCW. NOTES:

31.12.891 - Automated teller machines and night depositories security. - RCW 31.12.891 Automated teller machines and night depositories security. Chapter...

31.12.902 - Short title. - RCW 31.12.902 Short title. This chapter may be known and...

31.12.906 - Effective date—1997 c 397. - RCW 31.12.906 Effective date—1997 c 397. Except for sections 35...

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

31.12.910 - Effective date—2010 c 87. - RCW 31.12.910 Effective date—2010 c 87. This act is necessary...

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Revised Code of Washington Title 31 - Miscellaneous Loan Agencies Chapter 31.12 - Washington State Credit Union Act.

Revised Code of Washington
Title 31 - Miscellaneous Loan Agencies
Chapter 31.12 - Washington State Credit Union Act.