33.48.040  <<  33.48.080 >>   33.48.090

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RCW 33.48.080

Member's proprietary interestSubordinate 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.

Notes:

Severability1982 c 3: See note following RCW 33.04.002.