CERTIFICATION OF ENROLLMENT
SUBSTITUTE HOUSE BILL 1537
Chapter
120, Laws of 2001
57th
Legislature
2001
Regular Session
CREDIT UNIONS‑‑LIABILITY
OF DIRECTORS
EFFECTIVE
DATE: 7/22/01
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Passed by the House March 9, 2001
Yeas 98 Nays 0
FRANK
CHOPP
Speaker of the House of
Representatives
CLYDE
BALLARD
Speaker of the House of
Representatives
Passed by the Senate April 9,
2001
Yeas 47 Nays 0
BRAD
OWEN
President of the Senate
|
|
CERTIFICATE
We, Timothy A. Martin and Cynthia Zehnder, Co‑Chief
Clerks of the House of Representatives of the State of Washington, do hereby
certify that the attached is SUBSTITUTE HOUSE BILL 1537 as passed by
the House of Representatives and the Senate on the dates hereon set forth.
TIMOTHY
A. MARTIN
Chief
Clerk
CYNTHIA
ZEHNDER
Chief
Clerk
|
|
Approved
April 27, 2001.
GARY
LOCKE
Governor of the State of
Washington
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FILED
April
27, 2001 ‑ 1:09 p.m.
Secretary
of State
State
of Washington
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_____________________________________________
SUBSTITUTE
HOUSE BILL 1537
_____________________________________________
Passed
Legislature ‑ 2001 Regular Session
State
of Washington 57th Legislature 2001 Regular Session
By
READ
FIRST TIME 02/14/01.
Protecting credit union directors and committee
members.
AN
ACT Relating to credit union directors and committee members; and adding a new
section to chapter 31.12 RCW.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW
SECTION. Sec. 1. A
new section is added to chapter 31.12 RCW to read as follows:
(1)
Directors and committee members at a credit union or federal credit union have
no personal liability for harm caused by acts or omissions performed on behalf
of the credit union if: The director or committee member was acting within the
scope of his or her duties at the time of the act or omission; the harm was not
caused by an act in violation of RCW 31.12.267; the harm was not caused by
willful or criminal misconduct, gross negligence, reckless misconduct, or a
conscious, flagrant indifference to the rights or safety of the individual
harmed; and the harm was not caused by the director or committee member's
operation of a motor vehicle, vessel, aircraft, or other vehicle for which the
state requires the operator or the owner of the vehicle, craft, or vessel to
either possess an operator's license or maintain insurance.
(2)
This section does not affect a director's or committee member's liability to
the credit union or to a governmental entity for harm to the credit union or
governmental entity caused by the director or committee member.
(3)
This section does not affect the vicarious liability of the credit union with
respect to harm caused to any person, including harm caused by the negligence
of a director or committee member.
(4)
This section does not affect the liability of employees of the credit union for
acts or omissions done within the scope of their employment.
Passed the House March 9, 2001.
Passed the Senate April 9, 2001.
Approved by the Governor
April 27, 2001.
Filed
in Office of Secretary of State April 27, 2001.