Revised Code of Washington - RCW Title 33 Savings And Loan Associations - Chapter 33.16 Directors, Officers, And Employees

  • 33.16.010 Directors -- Number -- Vacancies
    The business and affairs of every association shall be managed and controlled by a board of not less than seven nor more than fifteen directors, ...
  • 33.16.020 Directors -- Qualifications -- Eligibility
    The board of directors shall be elected at the annual meeting, unless the bylaws of the association otherwise provide. A person shall not be a ...
  • 33.16.030 Directors -- Prohibited acts
    A director of a savings and loan association shall not, except to the extent permitted for a director of a federal savings and loan association: ...
  • 33.16.040 Removal of director, officer or employee on objection of director of financial institutions -- Procedure
    If the director shall notify the board of directors of any association in writing, that he or she has information that any director, officer, or ...
  • 33.16.050 Removal of director for cause -- When -- Procedure
    If a director becomes ineligible or if the director's conduct or habits are such as to reflect discredit upon the association or if other good ...
  • 33.16.060 Fiduciary relationship of directors and officers
    Directors and officers of an association shall be deemed to stand in a fiduciary relation to the association and shall discharge the duties of their ...
  • 33.16.080 Officers -- Election -- Service
    The board of directors of the association shall elect the officers named in the bylaws of the association, which officers shall serve at the pleasure ...
  • 33.16.090 Board meetings -- Notice -- Quorum
    The board of directors of each association shall hold a regular meeting at least once each quarter and whenever required by the director, at a ...
  • 33.16.120 Statement of assets and liabilities -- Reports
    The board of directors shall cause to be prepared, from the books of the association, a statement of assets and of liabilities, at the end ...
  • 33.16.130 Bonds of officers and employees
    The board of directors of every association shall procure a bond or bonds, covering all of its active officers, agents, and employees, whether or not ...
  • 33.16.150 Pensions, retirement plans and other benefits
    An association may provide for pensions, retirement plans and other benefits for its officers and employees, and may contribute to the cost thereof in accordance ...
  • 33.16.170 Federal home loan bank as depositary
    See RCW 30.32.040. ...

Last modified: April 7, 2009