Washington State Credit Union Act

Sections covered

• RCW 31.12.003Findings—Intent—1997 c 397.
• RCW 31.12.005Definitions.2 cites
• RCW 31.12.015Declaration of policy.1 cite
• RCW 31.12.025Use of words in name.
• RCW 31.12.035Application for permission to organize—Approval.
• RCW 31.12.055Manner of organizing—Articles of incorporation—Submission to director.
• RCW 31.12.065Bylaws—Submission to director.
• RCW 31.12.075Approval, denial of proposed credit union—Appeal.
• RCW 31.12.085Filing upon approval—Fee—Notice to director—Authority to commence business.
• RCW 31.12.105Amendment to articles of incorporation—Approval of director—Procedure.
• RCW 31.12.115Amendment to bylaws—Approval of director required—Procedure.
• RCW 31.12.185Annual membership meetings.
• RCW 31.12.195Special membership meetings.2 cites
• RCW 31.12.225Board of directors—Election of directors—Terms—Vacancies—Meetings—Rules.
• RCW 31.12.235Directors—Qualifications—Operating officers and employees may serve.1 cite
• RCW 31.12.246Removal of directors and supervisory committee members—Interim directors and supervisory committee members.
• RCW 31.12.251Removal of directors—No quorum.
• RCW 31.12.255Board of directors—Powers and duties.1 cite
• RCW 31.12.265Officers.
• RCW 31.12.267Officials—Fiduciary duty—Information relied on—Definition.1 cite
• RCW 31.12.269Directors and committee members—Limitations on personal liability—Exceptions.
• RCW 31.12.285Suspension of members of board or supervisory committee by board—For cause.3 cites
• RCW 31.12.326Supervisory committee—Membership—Terms—Vacancies—Operating officers and employees may not serve—Audit committee alternative.
• RCW 31.12.335Supervisory committee—Duties.
• RCW 31.12.345Suspension of members of a committee or members of the board by supervisory committee—For cause.
• RCW 31.12.365Directors and supervisory committee members—Compensation—Reimbursement—Rules.
• RCW 31.12.367Risk—Bond coverage—Notice to director—Timing.
• RCW 31.12.372Director may suspend any person, reason—Notice—Injunctions.
• RCW 31.12.382Limitation on membership.
• RCW 31.12.384Membership.
• RCW 31.12.386Voting rights—Methods—Proxy—Under eighteen years of age.
• RCW 31.12.388Expulsion of member—Challenge—Share and deposit accounts.
• RCW 31.12.402Powers.1 cite
• RCW 31.12.404Additional powers—Authority of director.
• RCW 31.12.408Insurance required after December 31, 1998—Federal share insurance program or an equivalent share insurance program—Director's findings.
• RCW 31.12.413Low-income credit unions—Director's approval required—Powers—Rules.
• RCW 31.12.416Shares and deposits governed by chapter 30.22 RCW—Limitation on shares and deposits—Notice of withdrawal—Lien rights.
• RCW 31.12.418Dividends.
• RCW 31.12.426Loans—Secured or unsecured loans.
• RCW 31.12.428Limit on loan amount.
• RCW 31.12.436Investment of funds—When investment later becomes impermissible.
• RCW 31.12.438Investment in real property or leasehold interests—Limitations—Rules.
• RCW 31.12.461Mergers.
• RCW 31.12.464Merger or conversion of state into federal, out-of-state, or foreign credit union, or other type of financial institution.
• RCW 31.12.467Merger or conversion of federal, out-of-state, or foreign to state credit union.
• RCW 31.12.471Authority of out-of-state or foreign credit union to operate in this state—Conditions—Rules.
• RCW 31.12.474Liquidation—Disposition of unclaimed funds.
• RCW 31.12.516Powers of director.1 cite
• RCW 31.12.518Powers of director under chapter 19.144 RCW.
• RCW 31.12.545Examinations and investigations—Reports—Access to records—Oaths—Subpoenas.1 cite
• RCW 31.12.565Examination reports and specified other information confidential—Exceptions—Penalty.1 cite
• RCW 31.12.567Reports—Financial and statistical data—As required by director.
• RCW 31.12.569Generally accepted accounting principles.
• RCW 31.12.571Notice of intent to establish branch—Another state or foreign jurisdiction.
• RCW 31.12.575Removal or prohibition orders—Director's authority—Notice.2 cites
• RCW 31.12.580Contents of notice under RCW 31.12.575—Hearing—Order.
• RCW 31.12.585Prohibited acts—Notice—Cease and desist order.
• RCW 31.12.595Temporary cease and desist order—Notice—Principal place of business—Superior court.
• RCW 31.12.625Administrative hearing—Procedures.
• RCW 31.12.630Authority of director to call special meeting of board.
• RCW 31.12.633Authority of director to attend meetings of the board.
• RCW 31.12.637Intervention by director—Conditions.
• RCW 31.12.641Supervision by director—Notice—Compliance—Costs.
• RCW 31.12.644Supervision by director—Certain acts prohibited.
• RCW 31.12.647Supervision by director—Credit union request for review.
• RCW 31.12.651Conservator—Authorized actions—Costs.
• RCW 31.12.654Actions by conservator—Review.
• RCW 31.12.657Lawsuits during period of conservatorship.
• RCW 31.12.661Conservator serves until purposes are accomplished.
• RCW 31.12.664Liquidation—Suspension or revocation of articles—Placement in involuntary liquidation—Appointment of liquidating agent—Notice—Procedure—Effect.
• RCW 31.12.667Order directing involuntary liquidation—Procedure.
• RCW 31.12.671Receivership—Appointment of receiver by director—Notice—Act without bond.
• RCW 31.12.674Director's orders—Notice to director of hearing—Hearing—Principal place of business—Superior court.
• RCW 31.12.677Powers and duties of receiver.
• RCW 31.12.681Claims against credit union in receivership—Notice.
• RCW 31.12.684Receiver shall inventory assets—File lists of assets and claims—Objections to approved claims.
• RCW 31.12.687Expenses incurred by receiver.
• RCW 31.12.691Liquidation dividends—Approval of court.
• RCW 31.12.694Remaining assets—Distribution.
• RCW 31.12.697Unclaimed liquidation dividends.
• RCW 31.12.701Personal property—Receiver's duties.
• RCW 31.12.704Proceeds of sale—Deposit or payment by receiver.
• RCW 31.12.707Completion of receivership—Merger, purchase, or liquidation—Secretary of state.
• RCW 31.12.711Director may terminate receivership—Expenses.
• RCW 31.12.714Receivership files.
• RCW 31.12.717Pendency of proceedings for review of appointment of receiver—Liabilities of credit union—Availability of relevant data.
• RCW 31.12.721Appointment by court of temporary receiver—Notice to director.
• RCW 31.12.724Actions that are void—Felonious conduct—Penalties.
• RCW 31.12.726Conservator or receiver may terminate or adopt executory contracts—Timing—Binding terms—Liability.
• RCW 31.12.728Applicability of general receivership law.
• RCW 31.12.850Prohibited acts—Criminal penalties.
• RCW 31.12.853Prohibited acts—Civil penalties—Rules.
• RCW 31.12.860Taxation of credit unions.
• RCW 31.12.890Satellite facilities.
• RCW 31.12.891Automated teller machines and night depositories security.
• RCW 31.12.902Short title.
• RCW 31.12.906Effective date—1997 c 397.
• RCW 31.12.909Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.
• RCW 31.12.910Effective date—2010 c 87.