{"data":{"id":"us-wa/rcw-31.12.382","jurisdiction":"us-wa","citation":"RCW 31.12.382","heading":"Limitation on membership.","body":"(1) Membership in a credit union shall be limited to groups having a common bond of occupation or association, or to groups within a well-defined neighborhood, community, or rural district. The director may adopt rules: (a) Reasonably defining \"common bond\"; and (b) setting forth standards for the approval of charters.\n(2) The director may approve the inclusion within the field of membership of a credit union a group having a separate common bond if the director determines that the group is not of sufficient size or resources to support a viable credit union of its own.\n(3) The director may approve, in accordance with the provisions of this chapter, the inclusion within a credit union's field of membership of groups having a common bond of occupation or association, or groups within a well-defined neighborhood, community, or rural district, notwithstanding the fact that such groups are situated partially or wholly outside this state.","path":["Title 31","Chapter 31.12"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=31.12.382","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T01:25:35Z","sha256":"b200e699a7aafb68921c6d13212853eedced6d771a444c1d0b0bbbc08bd864b9","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-31.12.372","next":"us-wa/rcw-31.12.384"},"notice":"GroundRules: Original legal text. Not legal advice."}
