Washington § 7.60.250 - Interest on claims.

Full text of Washington Revised Code of Washington § 7.60.250 — Interest on claims., with citation guidance and answers to common questions.

§ 7.60.250. Interest on claims.

To the extent that funds are available in the estate for distribution to creditors in a general receivership, the holder of an allowed noncontingent, liquidated claim is entitled to receive interest at the legal rate or other applicable rate from the date of appointment of the receiver or the date on which the claim became a noncontingent, liquidated claim. If there are sufficient funds in the estate to fully pay all interest owing to all members of the class, then interest shall be paid proportionately to each member of the class.
[ 2004 c 165 s 27.]

Notes

Purpose—Captions not law—2004 c 165: See notes following RCW 7.60.005.

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Frequently Asked Questions About Washington § 7.60.250

What does Revised Code of Washington § 7.60.250 cover?

Section 7.60.250 ("Interest on claims.") 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 § 7.60.250?

A common citation format is "Revised Code of Washington § 7.60.250" (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 § 7.60.250 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.