§ 82.12.860. Exemptions -- Property and services acquired from a federal credit union
(1) This chapter does not apply to state credit unions with respect to the use of any article of tangible personal property, service defined as a retail sale in RCW 82.04.050 (2)(a) or (3)(a), or extended warranty, acquired from a federal credit union, foreign credit union, or out-of-state credit union as a result of a merger or conversion.
(2) For purposes of this section, the following definitions apply:
(a) "Federal credit union" means a credit union organized and operating under the laws of the United States.
(b) "Foreign credit union" means a credit union organized and operating under the laws of another country or other foreign jurisdiction.
(c) "Out-of-state credit union" means a credit union organized and operating under the laws of another state or United States territory or possession.
(d) "State credit union" means a credit union organized and operating under the laws of this state.
[2006 c 11 § 1.]
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