There Is a Newer Version of the Revised Code of Washington
  1. 2025 Rev. Code of Wash.
  2. 2024 Rev. Code of Wash.
  3. 2023 Rev. Code of Wash.
  4. 2005 Rev. Code of Wash. (here)
  5. View All Versions
View Our Newest Version Here

2005 Washington Revised Code RCW 33.36.030: Preference in case of insolvency.

    Every transfer of its property and assets by any association in this state, made in contemplation of insolvency, or after it becomes insolvent, with a view to the preference of one creditor or member over another, or to prevent the proper distribution of its property and assets among its creditors and members, shall be void.

         Every director, officer, agent, or employee making such transfer or assisting therein is guilty of a class C felony as provided in chapter 9A.20 RCW.

    [1982 c 3 § 62; 1945 c 235 § 89; Rem. Supp. 1945 § 3717-208.]

Notes:
         Severability -- 1982 c 3: See note following RCW 33.04.002.

Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.