Washington § 14.20.070 - Surety bonds.

Full text of Washington Revised Code of Washington § 14.20.070 — Surety bonds., with citation guidance and answers to common questions.

§ 14.20.070. Surety bonds.

Before issuing an aircraft dealer license, the secretary shall require the applicant to file with the secretary a surety bond in the amount of twenty-five thousand dollars running to the state, and executed by a surety company authorized to do business in the state. The bond shall be approved by the attorney general as to form and conditioned that the dealer shall conduct his or her business in conformity with the provisions of this chapter, RCW 47.68.250, and 82.48.100. Any person who has suffered any loss or damage by reason of any act by a dealer which constitutes ground for refusal, suspension, or revocation of license under RCW 14.20.090 has a right of action against the aircraft dealer and the surety upon the bond. Successive recoveries against the bond shall be permitted, but the aggregate liability of the surety to all persons shall in no event exceed the amount of the bond.
[ 2010 c 8 s 5011; 1984 c 7 s 15; 1983 c 135 s 2; 1983 c 3 s 17; 1955 c 150 s 7.]

Notes

Surety insurance: Chapter 48.28 RCW.

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Frequently Asked Questions About Washington § 14.20.070

What does Revised Code of Washington § 14.20.070 cover?

Section 14.20.070 ("Surety bonds.") 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.

How do I cite Washington § 14.20.070?

A common citation format is "Revised Code of Washington § 14.20.070" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 14.20.070 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.