Wash. Rev. Code § 63.30.320

Current through 2024

Section 63.30.320 - Good faith

In this section and RCW 63.30.330 through 63.30.410, payment or delivery of property is made in good faith if a holder:

(1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the administrator under this chapter; or

(2) Made payment or delivery:

(a) In response to a demand by the administrator or administrator's agent; or

(b) Under a guidance or ruling issued by the administrator which the holder reasonably believed required or permitted the property to be paid or delivered.

RCW 63.30.320

Added by 2022 c 225,§ 601, eff. 1/1/2023.