Credit unions will comply with the provisions of United States generally accepted accounting principles as required by federal law or rule of the director. In adopting rules to implement this section, the director shall consider, among other relevant factors, whether to transition small credit unions to generally accepted accounting principles over a period of time.
RCW 31.12.569
Generally accepted accounting principles.
Known as the Washington State Credit Union Act
The act spans §§ 31–31 (99 sections).
2010 c 87 s 7; 2001 c 83 s 30; 1997 c 397 s 50.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.