Washington § 43.17.240 - Debts owed to the state — Interest rate.

Full text of Washington Revised Code of Washington § 43.17.240 — Debts owed to the state — Interest rate., with citation guidance and answers to common questions.

§ 43.17.240. Debts owed to the state — Interest rate.

Interest at the rate of one percent per month, or fraction thereof, shall accrue on debts owed to the state, starting on the date the debts become past due. This section does not apply to: (1) Any instance where such interest rate would conflict with the provisions of a contract or with the provisions of any other law; or (2) debts to be paid by other governmental units. The office of financial management may adopt rules specifying circumstances under which state agencies may waive interest, such as when assessment or collection of interest would not be cost-effective. This section does not affect any authority of the state to charge or collect interest under any other law on a debt owed to the state by a governmental unit. This section applies only to debts which become due on or after July 28, 1991.
[ 1991 c 85 s 2.]

Notes

Collection agency use by state: RCW 19.16.500.

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

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Frequently Asked Questions About Washington § 43.17.240

What does Revised Code of Washington § 43.17.240 cover?

Section 43.17.240 ("Debts owed to the state — Interest rate.") 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 § 43.17.240?

A common citation format is "Revised Code of Washington § 43.17.240" (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 § 43.17.240 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.