Washington § 53.57.080 - Insolvency or dissolution — Satisfaction of liabilities.

Full text of Washington Revised Code of Washington § 53.57.080 — Insolvency or dissolution — Satisfaction of liabilities., with citation guidance and answers to common questions.

§ 53.57.080. Insolvency or dissolution — Satisfaction of liabilities.

(1) If a port development authority is insolvent or dissolved, the superior court of a county in which the port development authority operates has jurisdiction and authority to appoint trustees or receivers of the assets and property of the port development authority and to supervise the trusteeship or receivership.
(2) All liabilities incurred by a port development authority must be satisfied exclusively from the assets and properties of the port development authority. No creditor or other person has any right of action against the port district or districts creating the port development authority on account of any debts, obligations, or liabilities of the port development authority.
[ 2015 c 35 s 9.]

Notes

Findings—Intent—2015 c 35: See note following RCW 53.57.020.

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

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Frequently Asked Questions About Washington § 53.57.080

What does Revised Code of Washington § 53.57.080 cover?

Section 53.57.080 ("Insolvency or dissolution — Satisfaction of liabilities.") 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 § 53.57.080?

A common citation format is "Revised Code of Washington § 53.57.080" (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.

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Sources & Verification

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