reglab/statecodes huggingface dataset:
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.20 MEMBERS — SAVINGS

Sections
33.20.020 Membership fee, fine or penalty against savings member prohibited.
[1945 c 235 § 32; Rem. Supp. 1945 § 3717-151. Prior: 1933 c 183 § 45; 1919 c 169 § 4; 1913 c 110 § 5.]
Repealed by 1982 c 3 § 116.
33.20.030 Joint tenants.
[1945 c 235 § 40; Rem. Supp. 1945 § 3717-159. Prior: 1933 c 183 § 41.]
Repealed by 1981 c 192 § 33, effective July 1, 1982.
33.20.035 Payment of funds to foreign executor or administrator — Form, publication of notice of application by such executor or administrator — Consent of department of revenue.
[1979 c 107 § 3; 1975 1st ex.s. c 165 § 1.]
Repealed by 1981 c 192 § 33, effective July 1, 1982.
33.20.050 Married persons as members.
[1973 1st ex.s. c 154 § 50; 1945 c 235 § 43; Rem. Supp. 1945 § 3717-162. Prior: 1933 c 183 § 42.]
Repealed by 1981 c 192 § 33, effective July 1, 1982.
33.20.070 Accounts in trust.
[1945 c 235 § 45; Rem. Supp. 1945 § 3717-164.]
Repealed by 1981 c 192 § 33, effective July 1, 1982.
33.20.080 Account of deceased person.
[1974 ex.s. c 117 § 41; 1963 c 246 § 6; 1945 c 235 § 46; Rem. Supp. 1945 § 3717-165. Prior: 1890 p 56 § 29.]
Repealed by 1981 c 192 § 33, effective July 1, 1982.
33.20.090 Fully paid, installment, and juvenile savings.
[1945 c 235 § 39; Rem. Supp. 1945 § 3717-158. Prior: 1939 c 98 § 3; 1933 c 183 §§ 23, 25, 36; 1919 c 169 § 5; 1913 c 110 § 6.]
Repealed by 1982 c 3 § 116.
33.20.100 School savings.
[1945 c 235 § 42; Rem. Supp. 1945 § 3717-161. Prior: 1933 c 183 § 26.]
Repealed by 1982 c 3 § 116.
33.20.110 Savings to share proportionately in earnings.
[1945 c 235 § 47; Rem. Supp. 1945 § 3717-166. Prior: 1933 c 183 §§ 22, 27, 43; 1919 c 169 § 5; 1913 c 110 § 6.]
Repealed by 1982 c 3 § 116.
33.20.120 Savings certificates or passbooks.
[1945 c 235 § 48; Rem. Supp. 1945 § 3717-167. Prior: 1939 c 98 §§ 4, 7; 1933 c 183 §§ 28, 48.]
Repealed by 1982 c 3 § 116.
33.20.140 Savings exempt from levy — Limitation.
[1945 c 235 § 114; Rem. Supp. 1945 § 3717-233. Prior: 1933 c 183 § 91.]
Repealed by 1965 c 89 § 2.
33.20.160 Postponement of withdrawals.
[1945 c 235 § 98; Rem. Supp. 1945 § 3717-217.]
Repealed by 1953 c 71 § 12. See RCW 33.20.150.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.28 FEES AND TAXES

Sections
33.28.030 License fees for foreign associations.
[1945 c 235 § 78; Rem. Supp. 1945 § 3717-196. Prior: 1933 c 183 § 83; 1919 c 169 § 11; 1913 c 110 § 18.]
Repealed by 1982 c 3 § 117.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.32 FOREIGN ASSOCIATIONS

Sections
33.32.010 New foreign associations barred.
[1963 c 246 § 8; 1945 c 235 § 80; Rem. Supp. 1945 § 3717-199. Prior: 1933 c 183 § 85.]
Repealed by 1982 c 3 § 117.
33.32.040 Deposit to secure investors — Exception.
[1961 c 222 § 5; 1945 c 235 § 83; Rem. Supp. 1945 § 3717-202. Prior: 1933 c 183 §§ 58, 87; 1913 c 110 § 9; 1890 p 56 §§ 4, 8.]
Repealed by 1982 c 3 § 117.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.40 INSOLVENCY, LIQUIDATION, MERGER

Sections
33.40.090 Liquidation of segregation corporation.
[1945 c 235 § 110; Rem. Supp. 1945 § 3717-229.]
Repealed by 1982 c 3 § 117.
33.40.100 Disposition of unclaimed dividends and records.
[1945 c 235 § 111; Rem. Supp. 1945 § 3717-230.]
Repealed by 1982 c 3 § 117.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.44 CONVERSION TO MUTUAL SAVINGS BANK

Sections
33.44.010 Definitions.
[1917 c 154 § 4; RRS § 3757.]
Repealed by 1982 c 3 § 117.
33.44.030 Resolution — Application to supervisor of banking.
[1927 c 177 § 1a; 1917 c 154 § 1a; RRS § 3750.]
Now codified in RCW 33.44.020.
33.44.040 Investigation — Decision — Appeal.
[1927 c 177 § 1b; 1917 c 154 § 1b; RRS § 3751.]
Now codified in RCW 33.44.020.
33.44.050 Submission to members — Meeting — Notice.
[1927 c 177 § 1c; 1917 c 154 § 1c; RRS § 3752.]
Now codified in RCW 33.44.020.
33.44.060 Certificate of reincorporation — Contents.
[1927 c 177 § 1d; 1917 c 154 § 1d; RRS 3753.]
Now codified in RCW 33.44.020.
33.44.070 Authorization certificate.
[1927 c 177 § 1e; 1917 c 154 § 1e; RRS § 3754.]
Now codified in RCW 33.44.020.
33.44.100 Conversion of domestic association to federal association.
[1949 c 20 § 10; 1945 c 235 § 116; Rem. Supp. 1949 § 3717-235.]
Now codified as RCW 33.43.010.
33.44.110 Federal association — Powers.
[1945 c 235 § 117; Rem. Supp. 1945 § 3717-236.]
Now codified as RCW 33.43.020.
33.44.120 Conversion of federal association to domestic association.
[1945 c 235 § 118; Rem. Supp. 1945 § 3717-237.]
Now codified as RCW 33.43.030.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.48 STOCK ASSOCIATIONS

Sections
33.48.010 Definitions.
[1955 c 122 § 2.]
Repealed by 1982 c 3 § 117.
33.48.020 Charter authorized.
[1955 c 122 § 3.]
Repealed by 1982 c 3 § 117.
33.48.050 When stock less than required percentage — Procedure.
[1955 c 122 § 6.]
Repealed by 1982 c 3 § 117.
33.48.060 Stock owners as voting members — No cumulative voting.
[1955 c 122 § 7.]
Repealed by 1982 c 3 § 117.
33.48.070 Majority of board must own stock.
[1955 c 122 § 8.]
Repealed by 1982 c 3 § 117.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › RCW Dispositions › 33.52 MISCELLANEOUS — GOVERNMENTAL INVESTMENTS

Sections
33.52.010 Public funds may be invested in savings and loan associations.
[1951 c 6 § 1. Formerly RCW 33.04.100.]
Repealed by 1983 c 66 § 23.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.002 - Legislative declaration, intent—Purpose.

RCW 33.04.002
Legislative declaration, intent—Purpose.
The legislature finds that the statutory law relating to savings and loan associations has not been generally updated or modernized since 1945; and, as a result, many changes to Title 33 RCW should now be made with respect to the powers and duties of the director; to the provisions relating to the organization, management and conversion of savings and loan associations; and to the powers and restrictions placed upon savings and loan associations to make investments. While it is the intent of the legislature to grant permissive investment powers to state-chartered savings and loan associations, it does not intend these associations to abandon the residential financing market in Washington. It, therefore, finds that the powers granted in chapter 3, Laws of 1982 are for the purpose of updating and modernizing the law relating to savings and loan associations, thereby creating a more secure and responsive financial environment in which the residential homebuyer will continue to obtain financing.
[ 1994 c 92 § 413; 1982 c 3 § 1.]
NOTES:
Severability—1982 c 3: "If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1982 c 3 § 118.]
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.004 - Short title.

RCW 33.04.004
Short title.
This title may be known and cited as the Washington savings association act.
[ 2014 c 37 § 601.]
NOTES:
Legislative declarations—Effective date—2014 c 37: See RCW 30A.04.005 and 30A.04.902.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.005 - Definitions.

RCW 33.04.005
Definitions.
Unless the context requires otherwise, the definitions in this section apply throughout this title.
(1) "Branch" means an established manned place of business or a manned mobile facility or other manned facility of an association, other than the principal office, at which deposits may be taken.
(2) "Depositor" means a person who deposits money in an association.
(3) "Domestic association" means a savings and loan association which is incorporated under the laws of this state.
(4) "Federal association" means a savings and loan association which is incorporated under federal law.
(5) "Foreign association" means a savings and loan association organized under the laws of another state.
(6)(a) "Member," in a mutual association, means a depositor or any other person who is a member of a class of persons granted membership rights by the articles of incorporation or bylaws.
(b) "Member," in a stock association, means a stockholder or any other person who is a member of a class of persons granted membership rights by the articles of incorporation or bylaws.
(7) "Mutual association" means an association formed without authority to issue stock.
(8) "Savings and loan association," "savings association" or "association," unless otherwise restricted, means a domestic or foreign association and includes a stock or a mutual association.
(9) "Stock association" means an association formed with the authority to issue stock.
(10) "Department" means department of financial institutions.
(11) "Director" means director of financial institutions.
[ 1994 c 92 § 414; 1982 c 3 § 2.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.022 - Director—Powers under chapter 19.144 RCW.

RCW 33.04.022
Director—Powers under chapter 19.144 RCW.
The director or the director's designee may take such action as provided for in this title to enforce, investigate, or examine persons covered by chapter 19.144 RCW.
[ 2008 c 108 § 19.]
NOTES:
Findings—2008 c 108: See RCW 19.144.005.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.025 - Rules.

RCW 33.04.025
Rules.
The director shall adopt uniform rules in accordance with the administrative procedure act, chapter 34.05 RCW, to govern examinations and reports of associations and the form in which they shall report their assets, liabilities, and reserves, charge off bad debts and otherwise keep their records and accounts, and otherwise to govern the administration of this title. The director shall mail a copy of the rules to each savings and loan association at its principal place of business. The person doing the mailing shall make and file his or her affidavit thereof in the office of the director.
[ 1994 c 92 § 417; 1982 c 3 § 5; 1973 c 130 § 20.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Severability—1973 c 130: See note following RCW 33.24.350.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.030 - Compelling attendance of witnesses.

RCW 33.04.030
Compelling attendance of witnesses.
In event any person shall refuse to appear in compliance with any subpoena issued by the director or shall refuse to testify thereunder, the superior court of the state of Washington for the county in which such witness was required by said subpoena to appear, upon application of the director, shall have jurisdiction to compel such witness to attend and testify and to punish for contempt any witness not complying with the order of the court.
[ 1994 c 92 § 418; 1945 c 235 § 96; Rem. Supp. 1945 § 3717-215. Prior: 1933 c 183 §§ 94, 95; 1919 c 169 § 12; 1913 c 110 § 19.]
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.042 - Cease and desist order—Notice of charges—Grounds—Hearing on—Issuance of order, when—Contents—Effective, when.

RCW 33.04.042
Cease and desist order—Notice of charges—Grounds—Hearing on—Issuance of order, when—Contents—Effective, when.
(1) The director may issue and serve upon an association a notice of charges if in the opinion of the director the association:
(a) Is engaging or has engaged in an unsafe or unsound practice in conducting the business of the association;
(b) Is violating or has violated a material provision of any law, rule, or any condition imposed in writing by the director in connection with the granting of any application or other request by the association or any written agreement made with the director; or
(c) Is about to do the acts prohibited in (a) or (b) of this subsection if the opinion that the threat exists is based upon reasonable cause.
(2) The notice shall contain a statement of the facts constituting the alleged violation or violations or the practice or practices and shall fix a time and place at which a hearing will be held to determine whether an order to cease and desist should issue against the association. The hearing shall be set not earlier than ten days nor later than thirty days after service of the notice unless a later date is set by the director at the request of the association.
Unless the association appears at the hearing by a duly authorized representative, it shall be deemed to have consented to the issuance of the cease and desist order. In the event of this consent or if upon the record made at the hearing the director finds that any violation or practice specified in the notice of charges has been established, the director may issue and serve upon the association an order to cease and desist from the violation or practice. The order may require the association and its directors, officers, employees, and agents to cease and desist from the violation or practice and may require the association to take affirmative action to correct the conditions resulting from the violation or practice.
(3) A cease and desist order shall become effective at the expiration of ten days after the service of the order upon the association concerned except that a cease and desist order issued upon consent shall become effective at the time specified in the order and shall remain effective as provided therein unless it is stayed, modified, terminated, or set aside by action of the director or a reviewing court.
[ 1994 c 92 § 419; 1982 c 3 § 7.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.044 - Temporary cease and desist order—Issued, when—Effective, when—Duration.

RCW 33.04.044
Temporary cease and desist order—Issued, when—Effective, when—Duration.
Whenever the director determines that the acts specified in RCW 33.04.042 or their continuation is likely to cause insolvency or substantial dissipation of assets or earnings of the association or to otherwise seriously prejudice the interests of its depositors, the director may also issue a temporary order requiring the association to cease and desist from the violation or practice. The order shall become effective upon service on the association and shall remain effective unless set aside, limited, or suspended by a court in proceedings under RCW 33.04.046 pending the completion of the administrative proceedings under the notice and until such time as the director shall dismiss the charges specified in the notice or until the effective date of a cease and desist order issued against the association under RCW 33.04.042.
[ 1994 c 92 § 420; 1982 c 3 § 8.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.046 - Temporary cease and desist order—Injunction against order on application of association—Jurisdiction.

RCW 33.04.046
Temporary cease and desist order—Injunction against order on application of association—Jurisdiction.
Within ten days after an association has been served with a temporary cease and desist order, the association may apply to the superior court in the county of its principal place of business for an injunction setting aside, limiting, or suspending the order pending the completion of the administrative proceedings pursuant to the notice served under RCW 33.04.044.
The superior court shall have jurisdiction to issue the injunction.
[ 1982 c 3 § 9.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.048 - Temporary cease and desist order—Injunction to enforce—Jurisdiction.

RCW 33.04.048
Temporary cease and desist order—Injunction to enforce—Jurisdiction.
In the case of a violation or threatened violation of a temporary cease and desist order issued under RCW 33.04.044, the director may apply to the superior court of the county of the principal place of business of the association for an injunction to enforce the order, and the court shall issue an injunction if it determines that there has been a violation or threatened violation.
[ 1994 c 92 § 421; 1982 c 3 § 10.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.054 - Cease and desist order—Enforcement—Jurisdiction.

RCW 33.04.054
Cease and desist order—Enforcement—Jurisdiction.
The director may apply to the superior court of the county of the principal place of business of the association affected for the enforcement of any effective and outstanding order issued under RCW 33.04.042, 33.04.044, or 33.04.048, and the court shall have jurisdiction to order compliance therewith.
No court shall have jurisdiction to affect by injunction or otherwise the issuance or enforcement of any order or to review, modify, suspend, terminate, or set aside any order except as provided in RCW 33.04.046 and 33.04.052.
[ 1994 c 92 § 423; 1982 c 3 § 12.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.060 - Appellate review.

RCW 33.04.060
Appellate review.
An association may petition the superior court of the state of Washington for Thurston county for the review of any decision, ruling, requirement or other action or determination of the director, by filing its complaint, duly verified, with the clerk of the court and serving a copy thereof upon the director. Upon the filing of the complaint, the clerk of the court shall docket the same as a cause pending therein.
The director may answer the complaint and the petitioner reply thereto, and the cause shall be heard before the court as in other civil actions. Both the petitioner and the director may seek appellate review of the decision of the court to the supreme court or the court of appeals of the state of Washington.
[ 1994 c 92 § 424; 1988 c 202 § 32; 1971 c 81 § 84; 1945 c 235 § 115; Rem. Supp. 1945 § 3717-234. Prior: 1933 c 183 § 95.]
NOTES:
Severability—1988 c 202: See note following RCW 2.24.050.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.04 - General Provisions. › 33.04.120 - Automated teller machines and night depositories security.

RCW 33.04.120
Automated teller machines and night depositories security.
Chapter 19.174 RCW applies to automated teller machines and night depositories regulated under this title.
[ 1993 c 324 § 13.]
NOTES:
Effective date—1993 c 324: See RCW 19.174.900.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.010 - Compliance required—Use of words in name or advertising—Penalty—Saving.

RCW 33.08.010
Compliance required—Use of words in name or advertising—Penalty—Saving.
No person, firm, company, association, fiduciary, co-partnership, or corporation, either foreign or domestic, shall organize as, carry on or conduct the business of an association except in conformity with the terms and provisions of this title or unless incorporated as a savings and loan association under the laws of the United States or use in name or advertising any of the following:
Any collocation employing either or both of the words "building" or "loan" with one or more of the words "saving", "savings", "thrift", or words of similar import except in conformity with this title;
Any collocation employing one or more of the words "saving", "savings", "thrift" or words of similar import, with one or more of the words "association", "institution", "society", "company", "corporation", or words of similar import, or abbreviations thereof except in conformity with this title or unless authorized to do business under the laws of this state or of the United States relating to savings and loan associations, banks, or mutual savings banks; nor shall the word "federal" be used as a part of such name unless the user is incorporated as a savings and loan association under the laws of the United States.
Neither shall the words "saving", or "savings", be used in any name or advertising or to represent in any manner to indicate that the business is of the character or kind of business carried on or transacted by an association or which is calculated to lead any person to believe that the business is that of an association unless authorized to do business under the laws of this state or of the United States relating to savings and loan associations, banks, or mutual savings banks.
Every person who, and every director and officer of every corporation which, to the knowledge of such director or officer, violates any provision of this section, shall be guilty of a gross misdemeanor. Such conduct shall also be deemed a nuisance and subject to abatement in the manner prescribed by law at the instance of the director of financial institutions or any other public body or officer authorized to do so.
The provisions of this section shall have no application to use of any word or collocation of words or to any representation or advertising which had been adopted and lawfully used by any person, firm, company, association, fiduciary, co-partnership or corporation lawfully engaged in business on March 24, 1959.
[ 1994 c 92 § 426; 1959 c 280 § 1; 1945 c 235 § 2; Rem. Supp. 1945 § 3717-121. Prior: 1933 c 183 §§ 84, 100; 1919 c 169 § 1; 1913 c 110 §§ 2, 25; 1890 p 56 §§ 2, 22, 37.]
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.020 - Who may form association.

RCW 33.08.020
Who may form association.
Any individuals desiring to transact a business of an association may, by complying with this chapter, become a body corporate for that purpose.
[ 1982 c 3 § 13; 1945 c 235 § 3; Rem. Supp. 1945 § 3717-122. Prior: 1933 c 183 § 3; 1925 ex.s. c 144 § 1; 1913 c 110 § 1; 1903 c 116 § 1; 1890 p 56 § 1.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.030 - Domestic association as stock or mutual association—Articles of incorporation.

RCW 33.08.030
Domestic association as stock or mutual association—Articles of incorporation.
A domestic association shall be incorporated either as a stock or a mutual association. The articles of incorporation shall specifically state:
(1) The name of the association, which shall include the words:
(a) "Savings association";
(b) "Savings and loan association"; or
(c) "Savings bank";
(2) The city or town and county in which it is to have its principal place of business;
(3) The name, occupation, and place of residence of all incorporators, the majority of whom shall be Washington residents;
(4) Its purposes;
(5) Its duration, which may be for a stated number of years or perpetual;
(6) The amount of paid-in savings with which the association will commence business;
(7) The names, occupations, and addresses of the first directors;
(8) Whether the association is organized as a stock or mutual association and who has membership rights and the relative rights of different classes of members of the association; and
(9) Any provision the incorporators elect to so set forth which is permitted by RCW 23B.17.030.
The articles of incorporation may contain any other provisions consistent with the laws of this state and the provisions of this title pertaining to the association's business or the conduct of its affairs.
[ 1994 c 256 § 117; 1983 c 42 § 1; 1982 c 3 § 14; 1949 c 20 § 1; 1945 c 235 § 4; Rem. Supp. 1949 § 3717-123. Prior: 1933 c 183 § 4; 1925 ex.s. c 144 § 1; 1919 c 169 § 5; 1913 c 110 §§ 1, 6; 1903 c 116 § 1; 1890 p 56 § 1.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.040 - Bylaws.

RCW 33.08.040
Bylaws.
The incorporators shall prepare bylaws for the government of the association, which shall include:
(1) The offices of the association and the respective duties assigned to them;
(2) Policies and procedures for the conduct of the business of the association;
(3) Any other matters deemed necessary or expedient.
Such bylaws must conform in all respects to the provisions of this title and the laws of this state.
[ 1982 c 3 § 15; 1945 c 235 § 5; Rem. Supp. 1945 § 3717-124. Prior: 1933 c 183 § 5; 1919 c 169 § 1; 1913 c 110 § 2; 1890 p 56 § 3.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.050 - Articles and bylaws to director.

RCW 33.08.050
Articles and bylaws to director.
The incorporators shall deliver to the director triplicate originals of the articles of incorporation and duplicate copies of its proposed bylaws.
[ 1994 c 92 § 427; 1982 c 3 § 16; 1981 c 302 § 30; 1945 c 235 § 6; Rem. Supp. 1945 § 3717-125. Prior: 1933 c 183 § 6; 1890 p 56 § 3.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Severability—1981 c 302: See note following RCW 19.76.100.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.055 - Certificate of incorporation—Application, contents—Filing fee.

RCW 33.08.055
Certificate of incorporation—Application, contents—Filing fee.
When the incorporators of a domestic association deliver the articles of incorporation and bylaws to the director, the incorporators shall submit an application for a certificate of incorporation, signed and verified by the incorporators, together with the filing fee. The application shall set forth:
(1) The names and addresses of the incorporators and proposed directors and officers of the association;
(2) A statement of the character, financial responsibility, experience, and fitness of the directors and officers to engage in the association business;
(3) Statements of estimated receipts, expenditures, earnings, and financial condition of the association for the first two years or such longer period as the director may require;
(4) A showing that the association will have a reasonable chance to succeed in the market area in which it proposes to operate;
(5) A showing that the public convenience and advantage will be promoted by the formation of the proposed association; and
(6) Any other matters the director may require.
[ 1994 c 92 § 428; 1982 c 3 § 17.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.060 - Investigation—Fee.

RCW 33.08.060
Investigation—Fee.
Upon receipt of the articles of incorporation and bylaws, the director shall proceed to determine, from all sources of information and by such investigation as he or she may deem necessary, whether:
(1) The proposed articles and bylaws comply with all requirements of law;
(2) The incorporators and directors possess the qualifications required by this title;
(3) The incorporators have available for the operation of the business at the specified location sufficient cash assets;
(4) The general fitness of the persons named in the articles of incorporation are such as to command confidence and warrant belief that the business of the proposed association will be honestly and efficiently conducted in accordance with the intent and purposes of this title;
(5) The public convenience and advantage will be promoted by allowing such association to be incorporated and engage in business in the market area indicated; and
(6) The population and industry of the market area afford reasonable promise of adequate support for the proposed association.
For the purpose of this investigation and determination, the incorporators, when delivering the articles and bylaws to the director, shall pay to the director an investigation fee, the amount of which shall be established by rule of the director.
[ 1994 c 92 § 429; 1982 c 3 § 18; 1969 c 107 § 1; 1963 c 246 § 1; 1945 c 235 § 7; Rem. Supp. 1945 § 3717-126. Prior: 1933 c 183 § 6; 1925 ex.s. c 144 § 2; 1919 c 169 § 2; 1913 c 110 § 3; 1890 p 56 § 3.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.070 - Approval or refusal—Appellate review.

RCW 33.08.070
Approval or refusal—Appellate review.
The director, not later than six months after receipt of the proposed articles and bylaws shall endorse upon each copy thereof the word "approved" or "refused" and the date thereof. In case of refusal, he or she shall forthwith return one copy of the articles and bylaws to the incorporators, and the refusal shall be final unless the incorporators, or a majority of them, within thirty days after the refusal, appeal to the superior court of Thurston county. The appeal may be accomplished by the incorporators preparing a notice of appeal, serving a copy of it upon the director, and filing the notice with the clerk of the court, whereupon the clerk, under the direction of the judge, shall give notice to the appellants and to the director of a date for the hearing of the appeal. The appeal shall be tried de novo by the court. At the hearing a record shall be kept of the evidence adduced, and the decision of the court shall be final unless appellate review is sought as in other cases.
[ 1994 c 92 § 430; 1988 c 202 § 33; 1971 c 81 § 85; 1953 c 71 § 1; 1945 c 235 § 8; Rem. Supp. 1945 § 3717-127. Prior: 1933 c 183 § 7; 1925 ex.s. c 144 § 2; 1919 c 169 § 2; 1913 c 110 § 3; 1890 p 56 § 3.]
NOTES:
Severability—1988 c 202: See note following RCW 2.24.050.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.080 - Articles and bylaws filed—Certificate of incorporation issued—Revocation of right to engage in business, when.

RCW 33.08.080
Articles and bylaws filed—Certificate of incorporation issued—Revocation of right to engage in business, when.
If the director approves the incorporation of the proposed association, the director shall forthwith return two copies of the articles of incorporation and one copy of the bylaws to the incorporators, retaining the others as a part of the files of the director's office. The incorporators, thereupon, shall file one set of the articles with the secretary of state and retain the other set of the articles of incorporation and the bylaws as a part of its minute records, paying to the secretary of state such fees and charges as are required by law. Upon receiving an original set of the approved articles of incorporation, duly endorsed by the director as herein provided, together with the required fees, the secretary of state shall issue the secretary of state's certificate of incorporation and deliver the same to the incorporators, whereupon the corporate existence of the association shall begin. Unless an association whose articles of incorporation and bylaws have been approved by the director shall engage in business within two years from the date of such approval, its right to engage in business shall be deemed revoked and of no effect. In the director's discretion, the two-year period in which the association must commence business may be extended for a reasonable period of time, which shall not exceed one additional year.
[ 1994 c 92 § 431; 1982 c 3 § 19; 1981 c 302 § 31; 1945 c 235 § 9; Rem. Supp. 1945 § 3717-128. Prior: 1933 c 183 § 8; 1925 ex.s. c 144 § 2; 1919 c 169 § 2; 1913 c 110 § 3; 1890 p 56 § 1.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Severability—1981 c 302: See note following RCW 19.76.100.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.090 - Amendment of articles.

RCW 33.08.090
Amendment of articles.
The members, at any meeting called for the purpose, may amend the articles of incorporation of the association by a majority vote of the members present, in person or in proxy. The amended articles shall be filed with the director and be subject to the same procedure of approval, refusal, appeal, and filing with the secretary of state as provided for the original articles of incorporation. Proposed amendments of the articles of incorporation shall be submitted to the director at least thirty days prior to the meeting of the members.
If the amendments include a change in the association's corporate name, the association shall give notice by mail to each association doing business within this state at its principal place of business of the filing of the amended articles. Persons interested in protesting an amendment changing the association's corporate name may contact the director in person or by writing prior to a date which shall be given in the notice.
[ 1994 c 92 § 432; 1982 c 3 § 20; 1981 c 302 § 32; 1979 c 113 § 2; 1945 c 235 § 10; Rem. Supp. 1945 § 3717-129. Prior: 1933 c 183 §§ 9, 10; 1925 ex.s. c 144 § 1; 1913 c 110 § 1; 1903 c 116 § 1; 1890 p 56 §§ 16, 17.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
Severability—1981 c 302: See note following RCW 19.76.100.
Severability—1979 c 113: See note following RCW 33.04.020.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.100 - Amendment of bylaws.

RCW 33.08.100
Amendment of bylaws.
The bylaws adopted by the incorporators and approved by the director shall be the bylaws of the association. The members, at any meeting called for the purpose, may amend the bylaws of the association on a majority vote of the members present, in person or by proxy, or the directors at any regular or special meeting called under the provisions of RCW 33.16.090 may amend the bylaws of the association on a two-thirds majority vote of the directors. Amendments of the bylaws shall become effective after being adopted by the board or the members.
[ 1994 c 256 § 118; 1994 c 92 § 433; 1967 c 49 § 1; 1945 c 235 § 11; Rem. Supp. 1945 § 3717-130. Prior: 1933 c 183 §§ 9, 10; 1890 p 56 § 3.]
NOTES:
Reviser's note: This section was amended by 1994 c 92 § 433 and by 1994 c 256 § 118, each without reference to the other. Both amendments are incorporated in the publication of this section pursuant to RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.08 - Organization—Articles—Bylaws. › 33.08.110 - Branch association—Authorized—Procedure—Limitations—Discontinuance of branch, procedure.

RCW 33.08.110
Branch association—Authorized—Procedure—Limitations—Discontinuance of branch, procedure.
An association with the written approval of the director, may establish and operate branches in any place within the state.
An association desiring to establish a branch shall file a written application therefor with the director, who shall approve or disapprove the application within four months after receipt.
The director's approval shall be conditioned on a finding that the resources in the market area of the proposed location offer a reasonable promise of adequate support for the proposed branch and that the proposed branch is not being formed for other than the legitimate purposes under this title. A branch shall not be established or permitted if the contingent fund, loss reserves and guaranty stock are less than the aggregate paid-in capital which would be required by law as a prerequisite to the establishment and operation of an equal number of branches in like locations by a commercial bank. If the application for a branch is not approved, the association shall have the right to appeal in the same manner and within the same time as provided by RCW 33.08.070 as now or hereafter amended. The association when delivering the application to the director shall transmit to the director a check in an amount established by rule to cover the expense of the investigation. An association shall not move any office more than two miles from its existing location without prior approval of the director.
The board of directors of an association, after notice to the director, may discontinue the operation of a branch. The association shall keep the director informed in the matter and shall notify the director of the date operation of the branch is discontinued.
[ 1994 c 92 § 434; 1982 c 3 § 21; 1974 ex.s. c 98 § 1; 1969 c 107 § 2; 1959 c 280 § 7.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.012 - Additional powers of an association—Powers conferred upon federal savings and loan association as of December 31, 1993, or a subsequent date not later than July 28, 2013—Powers of an out-of-state state savings association.

RCW 33.12.012
Additional powers of an association—Powers conferred upon federal savings and loan association as of December 31, 1993, or a subsequent date not later than July 28, 2013—Powers of an out-of-state state savings association.
(1) Notwithstanding any other provision of law, in addition to all powers and authorities, express or implied, that an association has under this title, an association may exercise any of the powers and authorities that a federal savings and loan association had on December 31, 1993, or as of a subsequent date not later than July 28, 2013. As used in this section, "powers and authorities" include without limitation powers and authorities in corporate governance and operational matters.
(2) Notwithstanding any other provisions of law, a savings association has the powers and authorities that an out-of-state state savings association operating a branch in Washington has if the director finds that the exercise of such powers and authorities serves the convenience and advantage of depositors and borrowers, or the general public, and maintains the fairness of competition and parity between savings associations and out-of-state state savings associations.
(3) The restrictions, limitations and requirements applicable to specific powers and authorities of federal savings and loan associations or out-of-state state savings associations, as applicable, shall apply to savings associations exercising those powers and authorities permitted under this section but only insofar as the restrictions, limitations, and requirements relate to exercising the powers and authorities granted savings associations solely by this section.
[ 2013 c 76 § 29; 1994 c 256 § 119; 1982 c 3 § 23; 1981 c 87 § 1.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.014 - Powers conferred upon federal savings and loan association—Reserve or other requirements—Authority of director to adopt by rule—Conditions.

RCW 33.12.014
Powers conferred upon federal savings and loan association—Reserve or other requirements—Authority of director to adopt by rule—Conditions.
Notwithstanding any other provision of law, in addition to all powers and authorities, express or implied, that an association has under this title, the director may make reasonable rules authorizing an association to exercise any of the powers and authorities conferred at the time of the adoption of the rules upon a federal savings and loan association doing business in this state, or may modify or reduce reserve or other requirements if an association is insured by the federal savings and loan insurance corporation, if the director finds that the exercise of the power or authorities:
(1) Serves the convenience and advantage of depositors and borrowers; and
(2) Maintains the fairness of competition and parity between state-chartered savings and loan associations and federally-chartered savings and loan associations.
As used in this section, "powers and authorities" include without limitation powers and authorities in corporate governance matters.
The restrictions, limitations and requirements applicable to specific powers or authorities of federal savings and loan associations shall apply to associations exercising those powers or authorities permitted under this section but only insofar as the restrictions, limitations, and requirements relate to exercising the powers or authorities granted associations solely by this section.
[ 1994 c 256 § 120; 1994 c 92 § 436; 1982 c 3 § 24; 1981 c 87 § 2.]
NOTES:
Reviser's note: This section was amended by 1994 c 92 § 436 and by 1994 c 256 § 120, each without reference to the other. Both amendments are incorporated in the publication of this section pursuant to RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Findings—Construction—1994 c 256: See RCW 43.320.007.
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.060 - Dealings with directors, officers, agents, employees prohibited—Exception.

RCW 33.12.060
Dealings with directors, officers, agents, employees prohibited—Exception.
An association shall make no loan to or sell to or purchase any real property or securities from any director, officer, agent, or employee of an association except to the extent permitted to or from a director, officer, agent, or employee of a federal savings association.
[ 1994 c 256 § 121; 1994 c 92 § 437; 1985 c 239 § 1; 1982 c 3 § 25; 1979 c 113 § 3; 1953 c 71 § 2; 1947 c 257 § 3; 1945 c 235 § 35; Rem. Supp. 1947 § 3717-154. Prior: 1939 c 98 § 10; 1933 c 183 §§ 51, 53.]
NOTES:
Reviser's note: This section was amended by 1994 c 92 § 437 and by 1994 c 256 § 121, each without reference to the other. Both amendments are incorporated in the publication of this section pursuant to RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Findings—Construction—1994 c 256: See RCW 43.320.007.
Severability—1982 c 3: See note following RCW 33.04.002.
Severability—1979 c 113: See note following RCW 33.04.020.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.140 - Expense and contingent funds.

RCW 33.12.140
Expense and contingent funds.
Before any association is authorized to receive deposits or transact any business, its incorporators shall create an expense fund, in such amount as the director may determine, from which the expense of organizing the association and its operating expenses may be paid until such time as its earnings are sufficient to pay its operating expenses, and the incorporators shall enter into an undertaking with the director to make such further contributions to the expense fund as may be necessary to pay its operating expenses until such time as it can pay them from its earnings.
Before any mutual association is authorized to receive deposits or transact any business, its incorporators shall create a contingent fund for the protection of its members against investment losses, in an amount to be determined by the director.
The contingent fund shall consist of payments in cash made by the incorporators as provided in this section and of all sums credited thereto from the earnings of the association as hereinafter required.
Prior to the liquidation of any mutual association the contingent fund shall not be encroached upon in any manner except for losses and for the repayment of contributions made by the incorporators.
No repayment of the contribution of incorporators to the contingent fund shall be made until the net balance credited to the contingent fund from earnings of the association, after such repayment, equals five percent of the amount due members.
The incorporators may receive interest upon the amount of their contributions to the contingent fund at the same rate as is paid, from time to time, to savings members.
The amounts contributed to the contingent fund by the incorporators shall not constitute a liability of the association except as hereinafter provided, and any loss sustained by the association in excess of that portion of the contingent fund created from earnings may be charged against such contributions pro rata.
[ 1994 c 92 § 438; 1982 c 3 § 26; 1945 c 235 § 13; Rem. Supp. 1945 § 3717-132. Prior: 1933 c 183 § 77; 1925 ex.s. c 144 § 7; 1919 c 169 § 8; 1913 c 110 §§ 13, 14; 1903 c 106 §§ 3, 5; 1890 p 56 §§ 6, 15, 31.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.150 - Contingent fund as reserve—Members' rights to fund limited.

RCW 33.12.150
Contingent fund as reserve—Members' rights to fund limited.
The contingent fund shall constitute a reserve for the absorption of losses of a mutual association.
Members do not have, individually or collectively, any right or claim to the contingent fund except upon dissolution of the association.
[ 1982 c 3 § 27; 1981 c 84 § 3; 1963 c 246 § 4; 1961 c 222 § 2; 1945 c 235 § 51; Rem. Supp. 1945 § 3717-170. Prior: 1933 c 183 §§ 63, 67; 1925 ex.s. c 144 § 7; 1919 c 169 § 8; 1913 c 110 §§ 13, 14; 1903 c 116 § 5; 1890 p 56 § 31.]
NOTES:
Severability—1982 c 3: See note following RCW 33.04.002.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.170 - May borrow from home loan bank.

RCW 33.12.170
May borrow from home loan bank.
See RCW 30A.32.030.
NOTES:
Home loan bank as depositary: RCW 30A.32.040.
Investment in federal home loan bank stock or bonds authorized: RCW 30A.32.020.
2023 Revised Code of Washington › Title 33 - Washington Savings Association Act › Chapter 33.12 - Powers and Restrictions. › 33.12.180 - Trustee of retirement plan established under federal act entitled "Self-Employed Individuals Tax Retirement Act of 1962."

RCW 33.12.180
Trustee of retirement plan established under federal act entitled "Self-Employed Individuals Tax Retirement Act of 1962."
A savings and loan association shall have the power to act as trustee under:
A retirement plan established pursuant to the provisions of the act of congress entitled "Self-Employed Individuals Tax Retirement Act of 1962" (76 Stat. 809, 26 U.S.C. Sec. 37), as now constituted or hereafter amended. If a retirement plan, which in the judgment of the savings and loan association, constituted a qualified plan under the provisions of that act at the time accepted by the savings and loan association, is subsequently determined not to be a qualified plan or subsequently ceases to be a qualified plan in whole or in part, the savings and loan association may, nevertheless, continue to act as trustee of any deposits theretofore made under the plan and to dispose of the same in accordance with the directions of the trustor and the beneficiaries thereof.
[ 1973 1st ex.s. c 93 § 1.]