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§ 31-12-853 — Washington Law | CourtGPT
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  5. Chapter 31.12 - Washington State Credit Union Act.31.12.003 - Findings—intent—1997 C 397/
  6. § 31-12-853
Washington Legal Code

§ 31-12-853

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RCW 31.12.853Prohibited acts—Civil penalties—Rules.(1) The department is authorized to assess civil fines to the credit union for violation of any of the following:(a) Any material provision of this chapter or related rules;(b) Any final or temporary order, including a cease and desist, suspension, removal, or prohibition order;(c) Any supervisory agreement;(d) Any condition imposed in writing in connection with the grant of any application or other request; or(e) Any other written agreement entered into with the director.(2) At the option of the director, a violation of this section subjects the violator to a fine of up to ten thousand dollars per violation. A continuing violation shall be considered a single violation for this purpose. The fine is payable upon issuance of any order or directive of the director, and may be recovered by the attorney general in a civil action in the name of the department.(3) The department is authorized to adopt rules for the implementation of this section.[ 2010 c 87 s 16.]