Washington § 33.12.150 - Contingent fund as reserve — Members' rights to fund limited.

Full text of Washington Revised Code of Washington § 33.12.150 — Contingent fund as reserve — Members' rights to fund limited., with citation guidance and answers to common questions.

§ 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 s 27; 1981 c 84 s 3; 1963 c 246 s 4; 1961 c 222 s 2; 1945 c 235 s 51; Rem. Supp. 1945 s 3717-170. Prior: 1933 c 183 ss 63, 67; 1925 ex.s. c 144 s 7; 1919 c 169 s 8; 1913 c 110 ss 13, 14; 1903 c 116 s 5; 1890 p 56 s 31.]

Notes

Severability—1982 c 3: See note following RCW 33.04.002.

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

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Frequently Asked Questions About Washington § 33.12.150

What does Revised Code of Washington § 33.12.150 cover?

Section 33.12.150 ("Contingent fund as reserve — Members' rights to fund limited.") 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.

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Is this the official text of Washington law?

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Sources & Verification

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