Washington § 63.30.350 Effect of payment or delivery of property to administrator.

Washington Statutes

§ 63.30.350 — Effect of payment or delivery of property to administrator.

Washington § 63.30.350

Title 63PERSONAL PROPERTY

Ch. 63.30REVISED UNIFORM UNCLAIMED PROPERTY ACT

This text of Washington § 63.30.350 (Effect of payment or delivery of property to administrator.) 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 § 63.30.350 (2026).

Text

(1)On payment or delivery of property to the administrator under this chapter, the administrator as agent for the state assumes custody and responsibility for safekeeping the property. A holder that pays or delivers property to the administrator in good faith and substantially complies with RCW 63.30.280 and 63.30.290 is relieved of liability arising thereafter with respect to payment or delivery of the property to the administrator.

(2)This state shall defend and indemnify a holder against liability on a claim against the holder resulting from the payment or delivery of property to the administrator made in good faith and after the holder substantially complied with RCW 63.30.280 and 63.30.290 .

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(1) On payment or delivery of property to the administrator under this chapter, the administrator as agent for the state assumes custody and responsibility for safekeeping the property. A holder that pays or delivers property to the administrator in good faith and substantially complies with RCW 63.30.280 and 63.30.290 is relieved of liability arising thereafter with respect to payment or delivery of the property to the administrator.

(2) This state shall defend and indemnify a holder against liability on a claim against the holder resulting from the payment or delivery of property to the administrator made in good faith and after the holder substantially complied with RCW 63.30.280 and 63.30.290 .