Title 33 — Title 33 WASHINGTON SAVINGS ASSOCIATION ACT
15 chapters · 162 sections in this title.
RCW 33.20.005 Deposits by individuals governed by chapter 30.22 RCW.
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Deposits made by individuals in an association are governed by *chapter 30.22 RCW.[ 1981 c 192 s 29.]Notes:*Reviser's note: Chapter 30.22 RCW was recodified as chapter 30A.22 RCW pursuant to 2014 c 37 s 4, effective January 5, 2015.Effective date—1981 c 192: See RCW 30A.22.900.
RCW 33.20.010 Mutual association member's interest in assets—Meetings—Voting—Proxies.
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Each member having deposits in a mutual association shall have a proportionate proprietary interest in its assets or net earnings subordinate to the claims of its other creditors. At any meeting of the members of a mutual association, each member shall be entitled to at least one…
RCW 33.20.040 Minors as members.
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Subject to *chapter 30.22 RCW, minors may become depositors or members of an association and all contracts entered into between a minor and an association, with respect to his or her membership or his or her deposits therein, shall be valid and enforceable, and a minor may not di…
RCW 33.20.060 State, political subdivisions, fiduciaries as depositors.
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The state of Washington and the political subdivisions thereof, and trustees, administrators, executors, guardians, and other fiduciaries, either individual or corporate, in their fiduciary capacity, may be depositors in associations.[ 1982 c 3 s 39; 1945 c 235 s 44; Rem. Supp. 1…
RCW 33.20.125 Record of member deposits—As in lieu of passbook, statement, or certificate of deposit.
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An association shall maintain a record of all deposits received from its members. The issuance of a passbook, statement, or certificate may be omitted for any account if a record thereof is maintained in lieu of a passbook, statement, or certificate of deposit, on which shall be …
RCW 33.20.130 Dormant accounts.
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When any savings member shall have neither paid in nor withdrawn any funds from his or her savings account in the association for seven consecutive years, and his or her whereabouts is unknown to the association and he or she shall not respond to a letter from the association inq…
RCW 33.20.150 Deposits with interest to be repaid on request—Postponement of withdrawals—Procedure.
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The deposits paid into an association, together with any interest credited thereon, shall be repaid to the depositors thereof respectively, or to their legal representatives, upon request.If, in the judgment of the board, circumstances warrant deferment of the payment of withdraw…
RCW 33.20.170 Withdrawals may be limited—Conditions.
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The director further is empowered, if in his or her judgment the circumstances warrant it, to issue in writing a declaration that an acute business depression, state of panic, or economic emergency exists, in which event the directors of any association, state or federal, within …
RCW 33.20.180 Classification of depositors—Regulation of earnings according to class.
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An association may classify its depositors according to the character, amount, frequency or duration of their dealings with the association and may regulate the earnings in such manner that each depositor receives the same rate of interest as all others of the depositor's class.[…
RCW 33.20.190 Withdrawal by association draft or negotiable or transferable order or authorization—Interest eligibility.
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An association may, on instruction from a depositor, effect withdrawals from the depositor's account by the association's drafts payable to parties and on terms as so instructed. An association may allow a depositor to effect withdrawals or transfers from the depositor's account …