Washington § 31.12.265 - Officers.

Full text of Washington Revised Code of Washington § 31.12.265 — Officers., with citation guidance and answers to common questions.

§ 31.12.265. Officers.

(1) The board at its first meeting after the annual membership meeting shall elect board officers from among its members, as provided in the credit union's bylaws. The board will elect as many board officers as it deems necessary for transacting the business of the board of the credit union. The board officers shall hold office until their successors are qualified and elected, unless sooner removed as provided in this chapter. All board officers must be elected members of the board. However, the office of board treasurer and board secretary may be held by the same person and need not be elected members of the board.
(2) The board may designate as many operating officers as it deems necessary for conducting the business of the credit union, including, but not limited to, a principal operating officer. Individuals serving as operating officers may also serve as board officers in accordance with subsection (1) of this section and subject to RCW 31.12.235(4).
[ 1997 c 397 s 18; 1994 c 256 s 80; 1987 c 338 s 4; 1984 c 31 s 28.]

Notes

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

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Frequently Asked Questions About Washington § 31.12.265

What does Revised Code of Washington § 31.12.265 cover?

Section 31.12.265 ("Officers.") 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 § 31.12.265?

A common citation format is "Revised Code of Washington § 31.12.265" (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.

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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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