Washington § 31.12.015 - Declaration of policy.

Full text of Washington Revised Code of Washington § 31.12.015 — Declaration of policy., with citation guidance and answers to common questions.

§ 31.12.015. Declaration of policy.

A credit union is a cooperative society organized under this chapter as a nonprofit corporation for the purposes of promoting thrift among its members and creating a source of credit for them at fair and reasonable rates of interest.
The director is the state's credit union regulatory authority whose purpose is to protect members' financial interests, the integrity of credit unions as cooperative institutions, and the interests of the general public, and to ensure that credit unions remain viable and competitive in this state.
[ 1997 c 397 s 3. Prior: 1994 c 256 s 69; 1994 c 92 s 176; 1984 c 31 s 3.]

Notes

Findings—Construction—1994 c 256: See RCW 43.320.007.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 31.12.015

What does Revised Code of Washington § 31.12.015 cover?

Section 31.12.015 ("Declaration of policy.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 31.12.015?

A common citation format is "Revised Code of Washington § 31.12.015" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 31.12.015 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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