RCW 33.12.150
123 words·~1 min read·
/wa/title-33/chapter-33-12/33-12-150·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The contingent fund shall constitute a reserve for the absorption of losses of a mutual association.
Members do not have, individually or collectively, any right or claim to the contingent fund except upon dissolution of the association.
[ 1982 c 3 s 27 ; 1981 c 84 s 3 ; 1963 c 246 s 4 ; 1961 c 222 s 2 ; 1945 c 235 s 51 ; Rem. Supp. 1945 s 3717-170. Prior: 1933 c 183 ss 63, 67; 1925 ex.s. c 144 s 7 ; 1919 c 169 s 8 ; 1913 c 110 ss 13, 14; 1903 c 116 s 5 ; 1890 p 56 s 31 .]
Notes:
Severability — 1982 c 3: See note following RCW 33.04.002 .