Section 390-24-110 - Definition-Debt(1) For the purpose of RCW 42.17A.710(1)(c), the term "debt" means and includes a personal obligation or liability to pay or return something of value.(2) The term "debt" as used in RCW 42.17A.710(1)(c) shall not be deemed to include: (a) An account payable of a business entity in the ordinary course of such entity's business; or(b) A contractual promise as guarantor of a debt.Wash. Admin. Code § 390-24-110
Amended by WSR 21-04-073, Filed 1/29/2021, effective 3/1/2021Statutory Authority: RCW 42.17A.110. 12-03-002, § 390-24-110, filed 1/4/12, effective 2/4/12. Statutory Authority: RCW 42.17.370(1). 86-08-030 (Order 86-02), § 390-24-110, filed 3/26/86; Order 62, § 390-24-110, filed 8/26/75.