Revised Code of Washington - RCW Title 43 State Government -- Executive - Section 43.86A.070 Linked deposit program -- Liability

§ 43.86A.070. Linked deposit program -- Liability

The state and those acting as its agents are not liable in any manner for payment of the principal or interest on qualifying loans made under RCW 43.86A.060. Any delay in payments or defaults on the part of the borrower does not in any manner affect the deposit agreement between the qualified public depositary and the state treasurer.

[1993 c 512 § 34.]

Notes:
     Finding -- Intent -- 1993 c 512: See note following RCW 43.86A.060.

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Last modified: April 7, 2009