Title 31 - Miscellaneous loan agencies
- 31.04 - Consumer loan act.
- 31.04.500 - Short title.
- 31.04.501 - Implementation.
- 31.04.505 - Definitions.
- 31.04.510 - Requirements of licensee -- Minimum capital -- Exceptions.
- 31.04.515 - Loan requirements -- Compliance -- Rules.
- 31.04.520 - Right to rescind transaction.
- 31.04.525 - Preapproval required from department of financial institutions -- Application of section -- Rules.
- 31.04.530 - Required notice to prospective borrower about counseling -- Form -- Contents -- Annual disclosure statements -- Property appraisals.
- 31.04.535 - Lender default -- Treble damages -- Civil remedies.
- 31.04.540 - Loan advances -- Eligibility and benefits under means-tested programs -- Subject to federal law.
- 31.04.900 - Severability -- 1991 c 208.
- 31.04.901 - Short title.
- 31.04.902 - Effective dates, implementation -- 1991 c 208.
- 31.04.903 - Effective date -- 2009 c 120.
- 31.04.904 - Effective date -- 2010 c 35.
- 31.12 - Washington state credit union act.
- 31.12.015 - Declaration of policy.
- 31.12.025 - Use of words in name.
- 31.12.035 - Application for permission to organize -- Approval.
- 31.12.055 - Manner of organizing -- Articles of incorporation -- Submission to director.
- 31.12.065 - Bylaws -- Submission to director.
- 31.12.075 - Approval, denial of proposed credit union -- Appeal.
- 31.12.085 - Filing upon approval -- Fee -- Notice to director -- Authority to commence business.
- 31.12.105 - Amendment to articles of incorporation -- Approval of director -- Procedure.
- 31.12.115 - Amendment to bylaws -- Approval of director required -- Procedure.
- 31.12.185 - Annual membership meetings.
- 31.12.195 - Special membership meetings.
- 31.12.225 - Board of directors -- Election of directors -- Terms -- Vacancies -- Meetings.
- 31.12.235 - Directors -- Qualifications -- Operating officers and employees may serve.
- 31.12.246 - Removal of directors -- Interim directors.
- 31.12.251 - Removal of directors -- No quorum.
- 31.12.255 - Board of directors -- Powers and duties.
- 31.12.265 - Officers.
- 31.12.267 - Directors and officers -- Fiduciary duty -- Information relied on.
- 31.12.269 - Directors and committee members -- Limitations on personal liability -- Exceptions.
- 31.12.285 - Suspension of members of board or supervisory committee by board -- For cause.
- 31.12.326 - Supervisory committee -- Membership -- Terms -- Vacancies -- Operating officers and employees may not serve.
- 31.12.335 - Supervisory committee -- Duties.
- 31.12.345 - Suspension of members of a committee or members of the board by supervisory committee -- For cause.
- 31.12.365 - Directors and members of committees -- Compensation -- Reimbursement -- Loans.
- 31.12.367 - Risk -- Bond coverage -- Notice to director.
- 31.12.372 - Director may suspend any person, reason -- Notice -- Injunctions.
- 31.12.382 - Limitation on membership.
- 31.12.384 - Membership.
- 31.12.386 - Voting rights -- Methods -- Proxy -- Under eighteen years of age.
- 31.12.388 - Expulsion of member -- Challenge -- Share and deposit accounts.
- 31.12.402 - Powers.
- 31.12.404 - Additional powers -- Powers conferred on federal credit union -- Authority of director.
- 31.12.408 - Insurance required after December 31, 1998 -- Federal share insurance program or an equivalent share insurance program -- Director's findings.
- 31.12.413 - Low-income credit unions -- Director's approval required -- Powers -- Rules.
- 31.12.416 - Shares and deposits governed by chapter 30.22 RCW -- Limitation on shares and deposits -- Notice of withdrawal -- Lien rights.
- 31.12.418 - Dividends.
- 31.12.426 - Loans to members -- Secured or unsecured loans.
- 31.12.428 - Limit on loan amount.
- 31.12.436 - Investment of funds.
- 31.12.438 - Investment in real property or leasehold interests for own use -- Future expansion.
- 31.12.461 - Mergers.
- 31.12.464 - Merger or conversion of state into federal, out-of-state, or foreign credit union, or other type of financial institution.
- 31.12.467 - Merger or conversion of federal, out-of-state, or foreign to state credit union.
- 31.12.471 - Authority of out-of-state or foreign credit union to operate in this state -- Conditions.
- 31.12.474 - Liquidation -- Disposition of unclaimed funds.
- 31.12.516 - Powers of director.
- 31.12.518 - Powers of director under chapter 19.144 RCW.
- 31.12.545 - Examinations and investigations -- Reports -- Access to records -- Oaths -- Subpoenas.
- 31.12.565 - Examination reports and specified other information confidential -- Exceptions -- Penalty.
- 31.12.567 - Reports -- Financial and statistical data -- As required by director.
- 31.12.569 - Generally accepted accounting principles.
- 31.12.571 - Notice of intent to establish branch -- Another state or foreign jurisdiction.
- 31.12.575 - Removal or prohibition orders -- Director's authority -- Notice.
- 31.12.585 - Prohibited acts -- Notice -- Cease and desist order.
- 31.12.595 - Temporary cease and desist order -- Notice -- Principal place of business -- Superior court.
- 31.12.625 - Administrative hearing -- Procedures.
- 31.12.630 - Authority of director to call special meeting of board.
- 31.12.633 - Authority of director to attend meetings of the board.
- 31.12.637 - Intervention by director -- Conditions.
- 31.12.641 - Supervision by director -- Notice -- Compliance -- Costs.
- 31.12.644 - Supervision by director -- Certain acts prohibited.
- 31.12.647 - Supervision by director -- Credit union request for review.
- 31.12.651 - Conservator -- Authorized actions -- Costs.
- 31.12.654 - Actions by conservator -- Review.
- 31.12.657 - Lawsuits during period of conservatorship.
- 31.12.661 - Conservator serves until purposes are accomplished.
- 31.12.664 - Liquidation -- Suspension or revocation of articles -- Placement in involuntary liquidation -- Appointment of liquidating agent -- Notice -- Procedure -- Effect.
- 31.12.667 - Order directing involuntary liquidation -- Procedure.
- 31.12.671 - Receivership -- Appointment of receiver by director -- Notice -- Act without bond.
- 31.12.674 - Receiver may be required to show cause -- Principal place of business -- Superior court.
- 31.12.677 - Powers and duties of receiver.
- 31.12.681 - Claims against credit union in receivership -- Notice.
- 31.12.684 - Receiver shall inventory assets -- File lists of assets and claims -- Objections to approved claims.
- 31.12.687 - Expenses incurred by receiver.
- 31.12.691 - Liquidation dividends -- Approval of court.
- 31.12.694 - Remaining assets -- Distribution.
- 31.12.697 - Unclaimed liquidation dividends.
- 31.12.701 - Personal property -- Receiver's duties.
- 31.12.704 - Proceeds of sale -- Deposit or payment by receiver.
- 31.12.707 - Completion of receivership -- Merger, purchase, or liquidation -- Secretary of state.
- 31.12.711 - Director may terminate receivership -- Expenses.
- 31.12.714 - Receivership files.
- 31.12.717 - Pendency of proceedings for review of appointment of receiver -- Liabilities of credit union -- Availability of relevant data.
- 31.12.721 - Appointment by court of temporary receiver -- Notice to director.
- 31.12.724 - Actions that are void -- Felonious conduct -- Penalties.
- 31.12.726 - Conservator or receiver may terminate or adopt executory contracts -- Timing -- Binding terms -- Liability.
- 31.12.728 - Applicability of general receivership law.
- 31.12.850 - Prohibited acts -- Criminal penalties.
- 31.12.853 - Prohibited acts -- Civil penalties -- Rules.
- 31.12.860 - Taxation of credit unions.
- 31.12.890 - Satellite facilities.
- 31.12.891 - Automated teller machines and night depositories security.
- 31.12.902 - Short title.
- 31.12.906 - Effective date -- 1997 c 397.
- 31.12.907 - Severability -- 1997 c 397.
- 31.12.908 - Severability -- 2001 c 83.
- 31.12.909 - Construction -- Chapter applicable to state registered domestic partnerships -- 2009 c 521.
- 31.12.910 - Effective date -- 2010 c 87.
- 31.13 - Corporate credit unions.
- 31.20 - Development credit corporations.
- 31.20.010 - Creation under general corporation laws authorized.
- 31.20.020 - Purposes specified.
- 31.20.030 - Corporate powers.
- 31.20.040 - Minimum capital stock.
- 31.20.050 - Board of directors.
- 31.20.060 - Members power to loan funds to corporation.
- 31.20.070 - Members of corporation enumerated.
- 31.20.080 - Members duty to loan funds to corporation -- Maximum limits -- Proration of calls.
- 31.20.090 - Withdrawal from membership.
- 31.20.100 - Surplus reserve required.
- 31.20.110 - Funds to be deposited in designated depository.
- 31.20.120 - Money deposits prohibited.
- 31.20.130 - Publication of annual statement of assets and liabilities.
- 31.20.140 - Participation in federal act authorized.
- 31.24 - Industrial development corporations.
- 31.24.005 - Findings -- Declarations -- Intent.
- 31.24.010 - Definitions.
- 31.24.020 - Application -- Contents -- Articles of incorporation -- Fees -- Initial capital -- Approval.
- 31.24.023 - Filing articles of incorporation -- Receipt of certificate of authority.
- 31.24.025 - Fees -- Director's discretion.
- 31.24.030 - Corporate powers.
- 31.24.066 - Plan of assessment -- Purpose -- Requirements -- Approval.
- 31.24.070 - Powers of stockholders -- Voting rights -- Proxy voting -- Plan of assessment -- Dividends -- Rules.
- 31.24.073 - Aggregate limit on loans and investments -- Single borrower or business.
- 31.24.075 - Insider transactions.
- 31.24.080 - Amendment of articles of incorporation -- Director's approval -- Filing.
- 31.24.090 - Board of directors -- Officers and agents -- Powers -- Election -- Meetings.
- 31.24.100 - Minimum capital, surplus, undivided profits, and net earnings.
- 31.24.110 - No receipt of money on deposit.
- 31.24.120 - Examinations by director of financial institutions -- Reports -- Authority of director.
- 31.24.130 - First meeting -- Notice -- Duties of incorporators.
- 31.24.140 - Duration of business development company.
- 31.24.150 - Dissolution -- Method -- Distribution of assets.
- 31.24.160 - Credit of state not pledged.
- 31.24.170 - Business development companies designated state development companies.
- 31.24.190 - Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods.
- 31.24.200 - Insolvency and liquidation -- Chapter 30.44 RCW.
- 31.24.205 - Supervisory direction and conservatorship.
- 31.24.210 - Mergers or consolidations -- Application -- Approval.
- 31.24.215 - Conversion of development credit corporation -- Application -- Approval -- Filing of articles -- Certificate of authority.
- 31.24.220 - Confidentiality and disclosure -- Examinations.
- 31.24.225 - Business as a limited liability company.
- 31.24.230 - Simultaneous applications -- Business development company and nondepository lender of certain loans -- Procedure -- Fees.
- 31.24.235 - Rule making.
- 31.24.900 - Severability -- 1963 c 162.
- 31.24.901 - Short title.
- 31.35 - Agricultural lenders -- Loan guaranty program.
- 31.35.010 - Findings -- Intent.
- 31.35.020 - Definitions.
- 31.35.030 - Administration -- Rules -- Duties of director.
- 31.35.040 - Participation by agricultural lender -- Powers and privileges.
- 31.35.050 - Costs of supervision -- Fees.
- 31.35.060 - Responsibility of agricultural lender -- Recordkeeping -- Loan loss reserve.
- 31.35.070 - Examination of agricultural lender.
- 31.35.080 - Enforcement -- Responsibility of director -- Penalty.
- 31.35.090 - Enforcement -- Court order.
- 31.35.100 - Notice -- Investments not insured.
- 31.35.105 - Application of RCW 31.24.230.
- 31.35.900 - Severability -- Administrative review -- 1990 c 134.
- 31.40 - Federally guaranteed small business loans.
- 31.40.010 - Intent.
- 31.40.020 - Definitions.
- 31.40.030 - Director -- Powers and duties.
- 31.40.040 - Licensee -- Powers and duties.
- 31.40.050 - License approval.
- 31.40.060 - Prohibited loans -- Exception.
- 31.40.070 - Fees.
- 31.40.080 - Records -- Reports -- Loan loss reserve.
- 31.40.090 - Examination of licensees.
- 31.40.100 - Application denial.
- 31.40.110 - Rules -- Penalties.
- 31.40.120 - Injunction.
- 31.40.130 - Penalty -- License impairment.
- 31.40.135 - Application of RCW 31.24.230.
- 31.40.900 - Severability -- 1989 c 212.
- 31.45 - Check cashers and sellers.
- 31.45.010 - Definitions.
- 31.45.020 - Application of chapter.
- 31.45.030 - License required -- Small loan endorsement -- Application -- Fee -- Bond -- Deposit in lieu of bond -- Director's duties.
- 31.45.040 - Application for license or small loan endorsement -- Financial responsibility -- Director's investigation.
- 31.45.050 - Investigation or examination fee and annual assessment fee required -- Amounts determined by rule -- Failure to pay -- Notice requirements of licensee.
- 31.45.060 - Licensee -- Schedule of fee and charges -- Recordkeeping.
- 31.45.070 - Licensee -- Permissible transactions -- Restrictions.
- 31.45.073 - Making small loans -- Endorsement required -- Due date -- Termination date -- Maximum amount -- Installment plans -- Interest -- Fees -- Postdated check or draft as security.
- 31.45.077 - Small loan endorsement -- Application -- Form -- Information -- Exemption from disclosure -- Fees.
- 31.45.079 - Making small loans -- Agent for a licensee or exempt entity -- Federal preemption.
- 31.45.080 - Trust funds -- Deposit requirements -- Rules.
- 31.45.082 - Delinquent small loan -- Restrictions on collection by licensee or third party -- Definitions.
- 31.45.084 - Small loan installment plan -- Terms -- Restrictions.
- 31.45.085 - Loan application -- Required statement -- Rules.
- 31.45.086 - Small loans -- Right of rescission.
- 31.45.088 - Small loans -- Disclosure requirements -- Advertising -- Making loan.
- 31.45.090 - Report requirements -- Disclosure of information -- Rules.
- 31.45.093 - Information system -- Access -- Required information -- Fees -- Rules.
- 31.45.095 - Report by director -- Contents.
- 31.45.100 - Examination or investigation -- Director's authority -- Costs.
- 31.45.105 - Violations of chapter -- Enforceability of transaction.
- 31.45.110 - Violations or unsound financial practices -- Statement of charges -- Hearing -- Sanctions -- Director's authority.
- 31.45.120 - Violations or unsound practices -- Temporary cease and desist order -- Director's authority.
- 31.45.130 - Temporary cease and desist order -- Licensee's application for injunction.
- 31.45.140 - Violation of temporary cease and desist order -- Director's application for injunction.
- 31.45.150 - Licensee's failure to perform obligations -- Director's duty.
- 31.45.160 - Director's possession of property and business -- Appointment of receiver.
- 31.45.180 - Violation -- Misdemeanor.
- 31.45.190 - Violation -- Consumer protection act -- Remedies.
- 31.45.200 - Director -- Broad administrative discretion.
- 31.45.210 - Military borrowers -- Licensee's duty -- Definition.
- 31.45.900 - Effective date, implementation -- 1991 c 355.
- 31.45.901 - Effective date -- 2009 c 510.
- RCW Dispositions
- 31.12 - Credit union share guaranty association act of 1975
- 31.45 - Check cashers and sellers
- 31.08 - Consumer finance act
- 31.04 - Consumer loan act
- 31.13 - Corporate credit unions
- 31.16 - Crop credit associations
- 31.24 - Industrial development corporations
- 31.30 - Washington land bank
- 31.12 - Washington state credit union act
- Notes