Current through the 2024 Regular Session
Section 63.30.410 - Periods of limitation and repose(1) Expiration, before, on, or after January 1, 2023, of a period of limitation on an owner's right to receive or recover property, whether specified by contract, statute, or court order, does not prevent the property from being presumed abandoned or affect the duty of a holder under this chapter to file a report or pay or deliver property to the administrator.(2) The administrator may not commence an action or proceeding to enforce this chapter with respect to the reporting, payment, or delivery of property more than six years after the holder filed a nonfraudulent report under RCW 63.30.220 with the administrator. The parties may agree in a record to extend the limitation in this subsection.(3) The administrator may not commence an action, proceeding, or examination with respect to a duty of a holder under this chapter more than 10 years after the duty arose.Added by 2022 c 225,§ 610, eff. 1/1/2023.