22.09.590 - Action on bond by director -- Records as to depositor creditors missing or information incomplete -- Effect. - Washington Statutes

Action on bond by director — Records as to depositor creditors missing or information incomplete — Effect.

Where by reason of the absence of records or other circumstances making it impossible or unreasonable for the director to ascertain the names and addresses of all the depositor creditors, the director after exerting due diligence and making reasonable inquiry to secure that information from all reasonable and available sources, may make demand on a warehouseman's or grain dealer's bond on the basis of information then in his possession, and thereafter shall not be liable or responsible for claims or the handling of claims that may subsequently appear or be discovered.

[1983 c 305 § 58; 1975 1st ex.s. c 7 § 31.]

Notes: Severability -- 1983 c 305: See note following RCW 20.01.010.