Washington Code § 33.12.150

Contingent fund as reserve—Members' rights to fund limited
Open in Lexace · Ask the AI about this section
The contingent fund shall constitute a reserve for the absorption of losses of a mutual association. Members do not have, individually or collectively, any right or claim to the contingent fund except upon dissolution of the association.

‹ Prev All Washington sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.