Washington Code 81.08.140 – State not obligated
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No provision of this chapter, and no deed or act done or performed under or in connection therewith, shall be held or construed to obligate the state of Washington to pay or guarantee, in any manner whatsoever, any stock or stock certificate or other evidence of interest or ownership, or bond, note or other evidence of indebtedness, authorized, issued or executed under the provisions of this chapter.
[ 1961 c 14 § 81.08.140. Prior: 1933 c 151 § 14; RRS § 10439-14.]
Terms Used In Washington Code 81.08.140
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- evidence of indebtedness: as used in this chapter , shall not include conditional sales contracts or purchase money chattel mortgages. See Washington Code 81.08.012