Wash. Rev. Code § 33.48.080

Current through the 2024 Regular Session

Section 33.48.080 - Member's proprietary interest-Subordinate to claims of creditors

Each member in a stock association shall have a proportionate proprietary interest in its assets and net earnings subordinate to the claims of its creditors with priorities as established by this chapter.

RCW 33.48.080

1982 c 3 § 94; 1969 c 107 § 8; 1967 c 49 § 6; 1955 c 122 § 9.

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