Washington § 46.72.040 - Surety bond.

Full text of Washington Revised Code of Washington § 46.72.040 — Surety bond., with citation guidance and answers to common questions.

§ 46.72.040. Surety bond.

Before a permit is issued every for hire operator shall be required to deposit and thereafter keep on file with the director a surety bond running to the state of Washington covering each and every for hire vehicle as may be owned or leased by him or her and used in the conduct of his or her business as a for hire operator. Such bond shall be in the sum of one hundred thousand dollars for any recovery for death or personal injury by one person, and three hundred thousand dollars for all persons killed or receiving personal injury by reason of one act of negligence, and twenty-five thousand dollars for damage to property of any person other than the assured, with a good and sufficient surety company licensed to do business in this state as surety and to be approved by the director, conditioned for the faithful compliance by the principal of said bond with the provisions of this chapter, and to pay all damages which may be sustained by any person injured by reason of any careless negligence or unlawful act on the part of said principal, his or her agents or employees in the conduct of said business or in the operation of any motor propelled vehicle used in transporting passengers for compensation on any public highway of this state.
[ 2010 c 8 s 9089; 1973 c 15 s 1; 1967 c 32 s 82; 1961 c 12 s 46.72.040. Prior: 1947 c 253 s 4; Rem. Supp. 1947 s 6386-4; prior: 1933 c 73 s 1, part; 1915 c 57 s 2, part; RRS s 6383, part. Formerly RCW 81.72.040.]

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Frequently Asked Questions About Washington § 46.72.040

What does Revised Code of Washington § 46.72.040 cover?

Section 46.72.040 ("Surety 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 § 46.72.040?

A common citation format is "Revised Code of Washington § 46.72.040" (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 § 46.72.040 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.