Revised Code of Washington - RCW Title 63 Personal Property - Section 63.48.060 Indemnification for losses as result of escheat proceedings -- Source

§ 63.48.060. Indemnification for losses as result of escheat proceedings -- Source

This state shall indemnify the United States for any losses suffered as a result of the escheat of unclaimed postal savings system accounts. The burden of the indemnification falls upon the fund into which the proceeds of the escheated accounts have been paid.

[1971 ex.s. c 68 § 6.]

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Last modified: April 7, 2009