2012 Revised Code of Washington
Title 31 - MISCELLANEOUS LOAN AGENCIES
31.12 Washington state credit union act.
31.12.704 Proceeds of sale -- Deposit or payment by receiver.


WA Rev Code § 31.12.704 (2012) What's This?

RCW 31.12.704 Proceeds of sale — Deposit or payment by receiver.

The proceeds of the sale less any amounts for costs and charges incurred in safekeeping and sale must be deposited by the receiver in a financial institution, in trust for the benefit of the person entitled to the property. The sale proceeds must be paid by the receiver to the person upon presentation of satisfactory evidence of the person's right to the funds.

[1997 c 397 § 80.]


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