Washington § 60.11.140 - Termination statement.

Full text of Washington Revised Code of Washington § 60.11.140 — Termination statement., with citation guidance and answers to common questions.

§ 60.11.140. Termination statement.

Whenever the total amount of the lien has been fully paid and as otherwise provided in RCW 62A.9A-513 (c) and (d), within twenty days following receipt of an authenticated demand following such full payment of the lien, the lienholder filing a lien shall send to the lien debtor or file with the department of licensing a termination statement for the financing statement. Failure to file a termination statement by the lienholder or the assignee of the lienholder shall cause the lienholder or its assignee to be liable to the debtor for the attorneys' fees and costs incurred by the debtor to have the lien terminated together with damages incurred by the debtor due to the failure of the lienholder to terminate the lien.
[2000 c 250 s 9A-834; 1991 c 286 s 6; 1986 c 242 s 14.]

Notes

Effective date—2000 c 250: See RCW 62A.9A-701.

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Frequently Asked Questions About Washington § 60.11.140

What does Revised Code of Washington § 60.11.140 cover?

Section 60.11.140 ("Termination statement.") 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 § 60.11.140?

A common citation format is "Revised Code of Washington § 60.11.140" (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 § 60.11.140 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.