Title 62A, UNIFORM COMMERCIAL CODE

(a) Judicial orders concerning noncompliance. If it is established that a secured party is not proceeding in accordance with this Article, a court may order or restrain collection, enforcement, or disposition of collateral on appropriate terms and conditions. (b) Damages for nonc…

(a) Applicable rules if amount of deficiency or surplus in issue. In an action arising from a transaction in which the amount of a deficiency or surplus is in issue, the following rules apply: (1) A secured party need not prove compliance with the provisions of this part relating…

(a) Greater amount obtainable under other circumstances; no preclusion of commercial reasonableness. The fact that a greater amount could have been obtained by a collection, enforcement, disposition, or acceptance at a different time or in a different method from that selected by…

(a) Limitation of liability of secured party for noncompliance with article. Subject to subsection (f) of this section, unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person: (1) The secur…

This act takes effect July 1, 2001. [2000 c 250 s 9A-701.]

(a) Preeffective-date transactions or liens. Except as otherwise provided in this section, Article 62A.9A RCW applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2001. (b) Continuing validity. Except as oth…

(a) Continuing priority over lien creditor: Perfection requirements satisfied. A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest u…

A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time: (1) Remains an enforceable security interest for one year after July 1, 2001; (2) Remains enforceable there…

(a) Preeffective-date action; one-year perfection period unless reperfected. If action, other than the filing of a financing statement, is taken before July 1, 2001, and the action would have resulted in priority of a security interest over the rights of a person that becomes a l…

(a) Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in RCW 62A.9A-501 continues the effectiveness of a financing statement filed before July 1, 2001, if: (1) The filing of an initial financing sta…

(a) Preeffective-date financing statement. In this section, "preeffective-date financing statement" means a financing statement filed before July 1, 2001. (b) Applicable law. On or after July 1, 2001, a person may add or delete collateral covered by, continue or terminate the eff…

A person may file an initial financing statement or a continuation statement under this part if: (1) The secured party of record authorizes the filing; and (2) The filing is necessary under this part: (A) To continue the effectiveness of a financing statement filed before July 1,…

(a) Law governing priority. Article 62A.9A RCW determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, *Article 62A.9 RCW determines priority. (b) Priority if security interest becomes en…

(a) Continuing perfection: Perfection requirements satisfied. A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under chapter 62A.9A RCW if, on July 1, 2013, the applicable requirements for attachment and p…

A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest: (a) Without further action, on July 1, 2013, if the applicable requirements for perfection under chapter 62A.9A RCW are satisfied before or at that…

(a) Preeffective date filing effective. The filing of a financing statement before July 1, 2013, is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under chapter 62A.9A RCW as of July 1, 2013. (b) When pre…

(a) Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in RCW 62A.9A-501 continues the effectiveness of a financing statement filed before July 1, 2013, if: (1) The filing of an initial financing sta…

(a) "Preeffective date financing statement." For the purposes of this section, "preeffective date financing statement" means a financing statement filed before July 1, 2013. (b) Applicable law. After July 1, 2013, a person may add or delete collateral covered by, continue or term…

A person may file an initial financing statement or a continuation statement under this part if: (a) The secured party of record authorizes the filing; and (b) The filing is necessary under this part: (1) To continue the effectiveness of a financing statement filed before July 1,…

Chapter 74, Laws of 2011 determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2013, chapter 62A.9A RCW as it existed before July 1, 2013, determines priority. [ 2011 c 74 s 608.] Notes: Appl…

This Title shall become effective at midnight on June 30, 1967. It applies to transactions entered into and events occurring after that date. [1965 ex.s. c 157 s 10-101.]

(1) The following acts and all other acts and parts of acts inconsistent herewith are hereby repealed: (a)(i) RCW 22.04.010 through 22.04.610; (ii) RCW 23.80.010 through 23.80.250; (iii) RCW 30.16.020, 30.16.030, 30.16.040 and 30.16.050; (iv) RCW 30.40.030, 30.40.040 and 30.40.05…

Except as provided in the following section, all acts and parts of acts inconsistent with this Title are hereby repealed. [1965 ex.s. c 157 s 10-103.]

This act shall take effect at midnight on June 30, 1982. [ 1981 c 41 s 47.]

The provisions of Article 10 shall continue to apply to the Uniform Commercial Code as amended by chapter 41, Laws of 1981 and for this purpose the Uniform Commercial Code before midnight June 30, 1982 and the Uniform Commercial Code as amended by chapter 41, Laws of 1981 shall b…

Transactions validly entered into after June 30, 1967 and before midnight June 30, 1982, and which were subject to the provisions of the Uniform Commercial Code as it existed before midnight June 30, 1982 and which would be subject to the Uniform Commercial Code as amended if the…

A security interest for the perfection of which filing or the taking of possession was required under the Uniform Commercial Code as it existed before midnight June 30, 1982 and which attached prior to midnight June 30, 1982 but was not perfected shall be deemed perfected on midn…

(1) A financing statement or continuation statement filed prior to midnight June 30, 1982 which shall not have lapsed prior to midnight June 30, 1982, shall remain effective for the period provided in the Uniform Commercial Code as it existed before midnight June 30, 1982, but no…

(1) If a security interest is perfected or has priority on midnight June 30, 1982, as to all persons or as to certain persons without any filing or recording, and if the filing of a financing statement would be required for the perfection or priority of the security interest agai…

Except as otherwise provided in this article, the Uniform Commercial Code as it existed before midnight June 30, 1982 shall apply to any questions of priority if the positions of the parties were fixed prior to midnight June 30, 1982. In other cases questions of priority shall be…

Unless a change in law has clearly been made, the provisions of the Uniform Commercial Code as amended by chapter 41, Laws of 1981 shall be deemed declaratory of the meaning of the Uniform Commercial Code as it existed before midnight June 30, 1982. [ 1981 c 41 s 44.] Notes: Effe…

From and after midnight June 30, 1982, upon request of any person, the county auditor shall issue his or her certificate showing whether there is on file with the county auditor's office on the date and hour stated therein, any presently effective financing statement filed with t…

This act shall take effect July 1, 1994. [1993 c 230 s 2A-605.]

No provision in this act changes or modifies existing common law or other law of Washington state concerning the recovery of attorneys' fees. [ 1993 c 229 s 119.]

This act shall take effect July 1, 1994. [ 1993 c 229 s 120.]

This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect July 1, 1995. [ 1995 c 48 s 72.] Notes: Savings—1995 c 48: See RCW 62A.8-601.

This Article may be cited as uniform commercial code—controllable electronic records. [ 2023 c 266 s 1001.] Notes: Construction—2023 c 266: "Nothing in this act may be construed to support, endorse, create, or implement a national digital currency." [ 2023 c 266 s 1201.] Effectiv…

(a) Article 12 definitions. In this Article: (1) "Controllable electronic record" means a record stored in an electronic medium that can be subjected to control under RCW 62A.12-105. The term does not include a controllable account, a controllable payment intangible, a deposit ac…

(a) Article 9A governs in case of conflict. If there is conflict between this Article and Article 9A of this title, Article 9A of this title governs. (b) Applicable consumer law and other laws. A transaction subject to this Article is subject to any applicable rule of law that es…

(a) Applicability of section to controllable account and controllable payment intangible. This section applies to the acquisition and purchase of rights in a controllable account or controllable payment intangible, including the rights and benefits under subsections (c), (d), (e)…

(a) General rule: Control of controllable electronic record. A person has control of a controllable electronic record if the electronic record, a record attached to or logically associated with the electronic record, or a system in which the electronic record is recorded: (1) Giv…

(a) Discharge of account debtor. An account debtor on a controllable account or controllable payment intangible may discharge its obligation by paying: (1) The person having control of the controllable electronic record that evidences the controllable account or controllable paym…

(a) Governing law: General rule. Except as provided in subsection (b) of this section, the local law of a controllable electronic record's jurisdiction governs a matter covered by this Article. (b) Governing law: RCW 62A.12-106. For a controllable electronic record that evidences…

This Article may be cited as transitional provisions for Uniform Commercial Code Amendments (2022). [ 2023 c 266 s 1101.] Notes: Construction—Effective date—2023 c 266: See notes following RCW 62A.12-101.

(a) Article A Definitions. In this Article: (1) "Adjustment date" means July 1, 2025, or the date that is one year after January 1, 2024, whichever is later. (2) "Article 12" means Article 12 of this title. (3) "Article 12 property" means a controllable account, controllable elec…

Except as provided in RCW 62A.12A-301 through 62A.12A-306, a transaction validly entered into before January 1, 2024, and the rights, duties, and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated, or enforced as required …