Washington § 20.01.260 Director not liable if circumstances prevent ascertainment of creditors—Demand on bond.

Washington Statutes

§ 20.01.260 — Director not liable if circumstances prevent ascertainment of creditors—Demand on bond.

Washington § 20.01.260

Title 20COMMISSION MERCHANTS—AGRICULTURAL PRODUCTS

Ch. 20.01AGRICULTURAL PRODUCTS—COMMISSION MERCHANTS, DEALERS, BROKERS, BUYERS, AGENTS

This text of Washington § 20.01.260 (Director not liable if circumstances prevent ascertainment of creditors—Demand on bond.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 20.01.260 (2026).

Text

Where by reason of the absence of records, or other circumstances making it impossible or unreasonable for the director to ascertain the names and addresses of all said consignor creditors, the director after exerting due diligence and making reasonable inquiry to secure said information from all reasonable and available sources, may make demand on said bond on the basis of information then in his or her possession, and thereafter shall not be liable or responsible for claims or the handling of claims which may subsequently appear or be discovered.

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Where by reason of the absence of records, or other circumstances making it impossible or unreasonable for the director to ascertain the names and addresses of all said consignor creditors, the director after exerting due diligence and making reasonable inquiry to secure said information from all reasonable and available sources, may make demand on said bond on the basis of information then in his or her possession, and thereafter shall not be liable or responsible for claims or the handling of claims which may subsequently appear or be discovered.