RCW 31.12.416

167 words·~1 min read·/wa/title-31/chapter-31-12/31-12-416·

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

(1)Shares held and deposits made in a credit union by a natural person are governed by *chapter 30.22 RCW.

(2)A credit union may require ninety days notice of a member's intention to withdraw shares or deposits. The notice requirement may be extended with the written consent of the director.

(3)A credit union will have a lien on all shares and deposits, including, but not limited to, dividends, interest, and any other earnings and accumulations thereon, of any share account holder or depositor, to the extent of any obligation owed to the credit union by the share account holder or depositor.

[ 1997 c 397 s 32 . Prior: 1994 c 256 s 83 ; 1994 c 92 s 194 ; 1984 c 31 s 40 . Formerly RCW 31.12.385 .]

Notes:

*Reviser's note: Chapter 30.22 RCW was recodified as chapter 30A.22 RCW pursuant to 2014 c 37 s 4, effective January 5, 2015.

Findings — Construction — 1994 c 256: See RCW 43.320.007 .