2005 Washington Revised Code RCW 82.12.860: Exemptions — Property and services acquired from a federal credit union.

(1) This chapter does not apply to state credit unions with respect to the use of any article of tangible personal property, service defined as a retail sale in RCW 82.04.050 (2)(a) or (3)(a), or extended warranty, acquired from a federal credit union, foreign credit union, or out-of-state credit union as a result of a merger or conversion.

     (2) For purposes of this section, the following definitions apply:

     (a) "Federal credit union" means a credit union organized and operating under the laws of the United States.

     (b) "Foreign credit union" means a credit union organized and operating under the laws of another country or other foreign jurisdiction.

     (c) "Out-of-state credit union" means a credit union organized and operating under the laws of another state or United States territory or possession.

     (d) "State credit union" means a credit union organized and operating under the laws of this state.

[2006 c 11 § 1.]