Washington § 48.31.220 - Deposit of moneys collected.

Full text of Washington Revised Code of Washington § 48.31.220 — Deposit of moneys collected., with citation guidance and answers to common questions.

§ 48.31.220. Deposit of moneys collected.

The moneys collected by the commissioner in a proceeding under this chapter, shall be, from time to time, deposited in one or more state or national banks, savings banks, or trust companies, and in the case of the insolvency or voluntary or involuntary liquidation of any such depositary which is an institution organized and supervised under the laws of this state, such deposits shall be entitled to priority of payment on an equality with any other priority given by the banking law of this state. The commissioner may in his or her discretion deposit such moneys or any part thereof in a national bank or trust company as a trust fund.
[ 2009 c 549 s 7129; 1947 c 79 s .31.22; Rem. Supp. 1947 s 45.31.22.]

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

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Frequently Asked Questions About Washington § 48.31.220

What does Revised Code of Washington § 48.31.220 cover?

Section 48.31.220 ("Deposit of moneys collected.") 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 § 48.31.220?

A common citation format is "Revised Code of Washington § 48.31.220" (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 § 48.31.220 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.