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Code · Washington · Title 31 — Miscellaneous Loan Agencies · Chapter 31.12

RCW 31.12.025

140 words·~1 min read·/wa/title-31/chapter-31-12/31-12-025·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A credit union shall include the words "credit union" in its name.
(2)No person may conduct business or engage in any other activity under a name or title containing the words "credit union", or represent itself as a credit union, unless it is:
(a)A credit union, out-of-state credit union, or a foreign credit union;
(b)An organization whose membership or ownership is limited to credit unions, out-of-state credit unions, federal credit unions, or their trade organizations;
(c)A person that is primarily in the business of managing one or more credit unions, out-of-state credit unions, or federal credit unions; or
(d)A credit union service organization.
[ 1997 c 397 s 4 ; 1994 c 256 s 70 ; 1984 c 31 s 4 .]
Notes:
Findings — Construction — 1994 c 256: See RCW 43.320.007 .
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