STATE STATUTES & CODES

WASHINGTON STATUTES AND CODES

31.12 - Washington state credit union act.

• 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.
• 31.12.251 - Removal of directors -- No quorum.
• 31.12.255 - Board of directors -- Powers and duties.
• 31.12.265 - Officers.
• 31.12.267 - Directors and officers -- Fiduciary duty -- Information relied on.
• 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.
• 31.12.372 - 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 -- 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.
• 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.
• 31.12.518 - 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.
• 31.12.585 - 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 - Receiver may be required to show cause -- 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.
• 31.12.907 - Severability -- 1997 c 397.
• 31.12.908 - Severability -- 2001 c 83.
• 31.12.909 - Construction -- Chapter applicable to state registered domestic partnerships -- 2009 c 521.
• 31.12.910 - Effective date -- 2010 c 87.

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