33.20.125 - Record of member deposits -- As in lieu of passbook, statement, or certificate of deposit.

Record of member deposits — As in lieu of passbook, statement, or certificate of deposit.

An association shall maintain a record of all deposits received from its members. The issuance of a passbook, statement, or certificate may be omitted for any account if a record thereof is maintained in lieu of a passbook, statement, or certificate of deposit, on which shall be entered deposits, withdrawals, and interest credited.

[1982 c 3 § 40.]

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