RCW 30A.26.080
177 words·~1 min read·
/wa/title-30a/chapter-30a-26/30a-26-080·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Subject to subsection
(2)of this section, creditor process with respect to a special deposit is not enforceable against the bank holding the special deposit.
(2)Creditor process is enforceable against the bank holding a special deposit with respect to an amount the bank is obligated to pay a beneficiary or a depositor if the process:
(a)Is served on the bank;
(b)Provides sufficient information to permit the bank to identify the depositor or the beneficiary from the bank's books and records; and
(c)Gives the bank a reasonable opportunity to act on the process.
(3)Creditor process served on a bank before it is enforceable against the bank under subsection
(2)of this section does not create a right of the creditor against the bank, or a duty of the bank to the creditor. Other law determines whether creditor process creates a lien enforceable against the beneficiary on a contingent interest of a beneficiary, including a depositor as a beneficiary, even if not enforceable against the bank.
[ 2024 c 23 s 9 .]