Washington § 18.27.420 - Homeowner recovery account.

Full text of Washington Revised Code of Washington § 18.27.420 — Homeowner recovery account., with citation guidance and answers to common questions.

§ 18.27.420. Homeowner recovery account.

The homeowner recovery account is created in the custody of the state treasurer. All repayments under RCW 18.27.410, private contributions, and other moneys transferred or directed to the account must be deposited into the account. Expenditures from the account may only be used for the homeowner recovery program to satisfy unpaid judgments for eligible claims under RCW 18.27.410. Administrative costs of the program may not be paid from the account. Only the director or the director's designee may authorize expenditures from the account. The account is subject to the allotment procedures under chapter 43.88 RCW, but an appropriation is not required for expenditures.
[ 2023 c 213 s 7.]

Notes

Effective date—2023 c 213 ss 3-9: See note following RCW 18.27.040.

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

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Frequently Asked Questions About Washington § 18.27.420

What does Revised Code of Washington § 18.27.420 cover?

Section 18.27.420 ("Homeowner recovery account.") 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 § 18.27.420?

A common citation format is "Revised Code of Washington § 18.27.420" (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 § 18.27.420 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.