Assumption of obligation or liability—Compliance with filing requirements.

Any public service company that assumes any obligation or liability as guarantor, indorser, surety or otherwise in respect to the securities of any other person, firm or corporation, when such securities are payable at periods of more than twelve months after the date thereof, shall comply with the filing requirements of RCW 81.08.040.[ 1994 c 251 s 12; 1961 c 14 s 81.08.130. Prior: 1933 c 151 s 13; RRS s 10439-13.]