Washington Statutes

§ 31.12.585 — Prohibited acts—Notice—Cease and desist order.

Washington § 31.12.585
JurisdictionWashington
Title 31MISCELLANEOUS LOAN AGENCIES
Ch. 31.12WASHINGTON STATE CREDIT UNION ACT

This text of Washington § 31.12.585 (Prohibited acts—Notice—Cease and desist order.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wash. Rev. Code § 31.12.585 (2026).

Text

(1)The director may issue and serve any person regulated by this chapter with a written notice of charges and intent to issue a cease and desist order if, in the opinion of the director, the person has committed or is about to commit:
(a)A material violation of law; or
(b)An unsafe or unsound practice.
(2)Upon taking effect, the order may require the person and its directors, supervisory committee members, officers, employees, and agents to cease and desist from the violation or practice and may require them to take affirmative action to correct the conditions resulting from the violation or practice.

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Legislative History

[2015 c 114 s 19;2010 c 87 s 9;2001 c 83 s 33;1997 c 397 s 53;1994 c 92 s 211;1984 c 31 s 60.]

Nearby Sections

15
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Bluebook (online)
Washington § 31.12.585, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/31.12.585.