S‑0758.3      _____________________________________________

SENATE BILL 5570

           _____________________________________________

State of Washington      57th Legislature     2001 Regular Session

By Senators Prentice, Honeyford, Franklin and Kohl‑Welles

Read first time 01/26/2001.  Referred to Committee on Labor, Commerce & Financial Institutions.

_1      AN ACT Relating to credit union directors and committee

_2  members; and adding a new section to chapter 31.12 RCW.

_3  BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

_4      NEW SECTION. Sec. 1.  A new section is added to chapter 31.12

_5  RCW to read as follows:

_6      (1) Except for persons who are employees of the credit union

_7  and acting within the scope of their employment, directors and

_8  committee members at a credit union or federal credit union have

_9  no personal liability for harm caused by acts or omissions

10  performed on behalf of the credit union if:  The director or

11  committee member was acting within the scope of his or her duties

12  at the time of the act or omission; the harm was not caused by an

13  act in violation of RCW 31.12.267; the harm was not caused by

14  willful or criminal misconduct, gross negligence, reckless

15  misconduct, or a conscious, flagrant indifference to the rights or

16  safety of the individual harmed; and the harm was not caused by

17  the director or committee member's operation of a motor vehicle,

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_1  vessel, aircraft, or other vehicle for which the state requires

_2  the operator or the owner of the vehicle, craft, or vessel to

_3  either possess an operator's license or maintain insurance.

_4      (2) This section does not affect a director's or committee

_5  member's liability to the credit union or to a governmental entity

_6  for harm to the credit union or governmental entity caused by the

_7  director or committee member.

_8      (3) This section does not affect the liability of the credit

_9  union with respect to harm caused to any person, including harm

10  caused by the negligence of a director or committee member.

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