Washington § 19.110.100 - Seller to provide surety bond or trust account — Action by state or injured person — Damages.

Full text of Washington Revised Code of Washington § 19.110.100 — Seller to provide surety bond or trust account — Action by state or injured person — Damages., with citation guidance and answers to common questions.

§ 19.110.100. Seller to provide surety bond or trust account — Action by state or injured person — Damages.

(1) If the seller makes any guarantee described in RCW 19.110.020(1)(c), the seller shall have a surety bond issued by a surety company authorized to do business in Washington or a trust account with a licensed and insured bank or savings institution located in the state of Washington. The trustee shall be acceptable to the director. The bond or the trust account shall be at least fifty thousand dollars. The director may, by rule or order, establish procedures for the initiation, operation, or termination of any bond or trust account required under this section.
(2) The bond or trust account shall be in the name of the state of Washington. It shall be for the benefit of the state and any person injured by any violation of this chapter, or by the seller's breach of any business opportunity contract or obligation arising from a business opportunity contract. The state may bring an action against the bond or trust account to recover penalties. The state or an injured person may bring an action against the bond or trust account for damages to the injured person. The liability of the surety or trustee shall be only for actual damages and shall not exceed the amount of the bond or trust account.
[ 1981 c 155 s 10.]

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

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Frequently Asked Questions About Washington § 19.110.100

What does Revised Code of Washington § 19.110.100 cover?

Section 19.110.100 ("Seller to provide surety bond or trust account — Action by state or injured person — Damages.") 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 § 19.110.100?

A common citation format is "Revised Code of Washington § 19.110.100" (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 § 19.110.100 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.