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Financial Services Law Insights and Observations

Washington regulator advises credit unions that virtual annual meetings are permitted

State Issues Washington Credit Union Covid-19

State Issues

On March 6, the Washington Department of Financial Institutions, Division of Credit Unions notified credit unions that they are permitted to conduct annual meetings virtually, although any virtual meetings would need to be authorized by the institution’s bylaws and the meeting must otherwise be conducted under board-approved rules of procedure.

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