Washington § 19.52.120 - Sales contract providing for deferred payment of purchase price not subject to chapter.

Full text of Washington Revised Code of Washington § 19.52.120 — Sales contract providing for deferred payment of purchase price not subject to chapter., with citation guidance and answers to common questions.

§ 19.52.120. Sales contract providing for deferred payment of purchase price not subject to chapter.

A sales contract for goods or services providing for the deferred payment of the purchase price shall not be subject to this chapter, regardless of who seeks to enforce the contract, notwithstanding the existence or occurrence of any one or more of the following events:
(1) That the seller may have arranged to sell, pledge, indorse, negotiate, assign, or transfer the obligations thereof to any person, including a financing organization, prior to or subsequent to or concurrently with the making of the sales transaction;
(2) That the amount of the finance charge, however denominated, is determined by reference to charts, computations or information supplied by such person;
(3) That the form or forms of instruments used to evidence the sales transaction have been supplied or prepared by such person;
(4) That the credit standing of the purchaser is or may have been evaluated by such person;
(5) That the sales transaction and the execution of any instrument evidencing the same is negotiated in the presence or with the assistance of a representative of such person;
(6) That the instrument or instruments used to evidence the sales transaction are pledged, indorsed, negotiated, assigned, or transferred by the seller to such person;
(7) That there is an underlying agreement between the seller and such person concerning the pledging, indorsing, negotiation, assigning, or transferring of sales contracts; or
(8) That the financing organization or its affiliates also provide franchising, financing, or other services to the seller-assignor.
[ 1981 c 77 s 7.]

Notes

Application, saving—1981 c 77: See RCW 63.14.903.

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

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Frequently Asked Questions About Washington § 19.52.120

What does Revised Code of Washington § 19.52.120 cover?

Section 19.52.120 ("Sales contract providing for deferred payment of purchase price not subject to chapter.") 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 § 19.52.120?

A common citation format is "Revised Code of Washington § 19.52.120" (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 § 19.52.120 apply to my situation?

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Sources & Verification

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