2012 Revised Code of Washington
Title 16 - ANIMALS AND LIVESTOCK (Formerly: Animals, estrays, brands, and fences)
16.65 Public livestock markets.
16.65.310 Licensee's failure to pay vendor, consignor -- Settlement, compromise -- Creditors share -- Priority of state's claim.


WA Rev Code § 16.65.310 (2012) What's This?

RCW 16.65.310 Licensee's failure to pay vendor, consignor โ€” Settlement, compromise โ€” Creditors share โ€” 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.

[1959 c 107 ยง 31.]


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