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115 chapters · 1,503 sections in this title.
RCW 19.72.100 Notice to creditor to institute action.
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Any person bound as surety upon any contract in writing for the payment of money or the performance of any act, when the right of action has accrued, may require by notice in writing the creditor or obligee forthwith to institute an action upon the contract. [Code 1881 s 644; RRS…
RCW 19.72.101 Failure of creditor to proceed—Discharge of surety.
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If the creditor or obligee shall not proceed within a reasonable time to bring his or her action upon such contract, and prosecute the same to judgment and execution, the surety shall be discharged from all liability thereon. [ 2011 c 336 s 548; Code 1881 s 645; RRS s 975. Prior:…
RCW 19.72.107 Surety bond—Liability limited.
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(1) Except under RCW 19.72.109, surety bond means any form of surety insurance as defined in RCW 48.11.080. A surety bond may not provide any other type of insurance coverage defined in chapter 48.11 RCW. Language in any statute, ordinance, contract, or surety bond to the contrar…
RCW 19.72.109 Release from official's, executor's, licensee's, etc., bond—Definitions.
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Unless otherwise required by the context, words as used in RCW 19.72.110, and 19.72.130 shall mean: (1) "Bond" shall mean and include any bond, undertaking or writing executed by a principal and surety, required by law from the principal as an official or employee of the state, o…
