Washington Statutes
§ 31.12.644 — Supervision by director—Certain acts prohibited.
Washington § 31.12.644
This text of Washington § 31.12.644 (Supervision by director—Certain acts prohibited.) 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 § 31.12.644 (2026).
Text
During the period of supervisory direction, the director may prohibit the credit union from engaging in any of the following acts without prior approval:
(1)Disposing of, conveying, or encumbering any of its assets;
(2)Withdrawing any of its accounts at other financial institutions;
(3)Lending any of its funds;
(4)Investing any of its funds;
(5)Transferring any of its property; or
(6)Incurring any debt, obligation, or liability.
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Legislative History
[1997 c 397 s 62.]
Nearby Sections
15
§ 31.04.015
Definitions.§ 31.04.025
Application of chapter.§ 31.04.027
Violations of chapter.§ 31.04.035
License required—When violation occurs.§ 31.04.055
License—Director's duties.§ 31.04.065
License—Information contained.§ 31.04.075
Licensee—Place of business.§ 31.04.085
Licensee—Assessment—Bond—Time of payment.§ 31.04.105
Licensee—Powers—Restrictions.§ 31.04.125
Loan restrictions—Interest calculations.§ 31.04.135
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Bluebook (online)
Washington § 31.12.644, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/31.12.644.