Washington § 22.09.175 - Presumptions regarding commodities — Approval of contracts.

Full text of Washington Revised Code of Washington § 22.09.175 — Presumptions regarding commodities — Approval of contracts., with citation guidance and answers to common questions.

§ 22.09.175. Presumptions regarding commodities — Approval of contracts.

(1) A commodity deposited with a warehouse operator without a written agreement for sale of the commodity to the warehouse operator shall be handled and considered to be a commodity in storage.
(2) A presumption is hereby created that in all written agreements for the sale of commodities, the intent of the parties is that title and ownership to the commodities shall pass on the date of payment therefor. This presumption may only be rebutted by a clear statement to the contrary in the agreement.
(3) Any warehouse operator or grain dealer entering into a deferred price contract with a depositor shall first have the form of the contract approved by the director. The director shall adopt rules setting forth the standards for approval of the contracts.
[ 2011 c 336 s 612; 1983 c 305 s 33.]

Notes

Severability—1983 c 305: See note following RCW 20.01.010.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 22.09.175

What does Revised Code of Washington § 22.09.175 cover?

Section 22.09.175 ("Presumptions regarding commodities — Approval of contracts.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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