In the event of the breach of the condition of any bond described in RCW 19.72.109, successive recoveries may be made thereon by any of the obligees thereof: PROVIDED, HOWEVER, That the total amount of all such recoveries, whether by one or more of such obligees, shall not exceed, in the aggregate, the penal sum specified in such bond.
RCW 19.72.180
Successive recoveries on bond—Limitation.
Applied in 2 court decisions — leading case Seattle-First National Bank v. Aetna Life & Casualty Co. (1982)
Most recently applied in 31 Wash. App. 480 - In Re Davison (April 1982)
1959 c 113 s 1.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.