Wash. Rev. Code § 16.65.310

Current through the 2024 Regular Session
Section 16.65.310 - Licensee's failure to pay vendor, consignor-Settlement, compromise-Creditors share-Priority of state's claim

In any settlement or compromise by the director with a surety company as provided in RCW 16.65.290, where there are two or more consignor and/or vendor creditors that have filed claims, either fixed or contingent, against a licensee's bond, such creditors shall share pro rata in the proceeds of the bond to the extent of their actual damage: PROVIDED, That the claims of the state and the department which may accrue from the conduct of the licensee's public livestock market shall have priority over all other claims.

RCW 16.65.310

1959 c 107 § 31.