§ 31.12.025 — Use of words in name.

Washington § 31.12.025

• Jurisdiction: Washington
• Title 31: MISCELLANEOUS LOAN AGENCIES
• Ch. 31.12: WASHINGTON STATE CREDIT UNION ACT

Text

(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.

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

Legislative History

[1997 c 397 s 4;1994 c 256 s 70;1984 c 31 s 4.]