Washington § 20.01.260 - Director not liable if circumstances prevent ascertainment of creditors — Demand on bond.

Full text of Washington Revised Code of Washington § 20.01.260 — Director not liable if circumstances prevent ascertainment of creditors — Demand on bond., with citation guidance and answers to common questions.

§ 20.01.260. Director not liable if circumstances prevent ascertainment of creditors — Demand on bond.

Where by reason of the absence of records, or other circumstances making it impossible or unreasonable for the director to ascertain the names and addresses of all said consignor creditors, the director after exerting due diligence and making reasonable inquiry to secure said information from all reasonable and available sources, may make demand on said bond on the basis of information then in his or her possession, and thereafter shall not be liable or responsible for claims or the handling of claims which may subsequently appear or be discovered.
[ 2011 c 336 s 581; 1959 c 139 s 26.]

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

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Frequently Asked Questions About Washington § 20.01.260

What does Revised Code of Washington § 20.01.260 cover?

Section 20.01.260 ("Director not liable if circumstances prevent ascertainment of creditors — Demand on bond.") 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 § 20.01.260?

A common citation format is "Revised Code of Washington § 20.01.260" (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 § 20.01.260 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.

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