A credit union desiring to establish a branch in another state or a foreign jurisdiction shall submit to the director a notice of intent to establish the branch at least thirty days before conducting business at the branch.

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Terms Used In Washington Code 31.12.571

  • Credit union: means a credit union organized and operating under this chapter. See Washington Code 31.12.005
  • Director: means the director of financial institutions. See Washington Code 31.12.005
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.