Washington Code 31.12.654 – Actions by conservator — Review
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During the period of conservatorship, the credit union may request the director to review an action taken or proposed to be taken by the conservator, specifying how the action is not in the best interest of the credit union. The request stays the action, pending the director’s review of the request.
[ 1997 c 397 § 65.]
Terms Used In Washington Code 31.12.654
- 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