RCW 63.48.060: Indemnification for losses as result of escheat proceedings

RCWs > Title 63 > Chapter 63.48 > Section 63.48.060

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63.48.050 << 63.48.060 >> End of Chapter

PDFRCW 63.48.060

Indemnification for losses as result of escheat proceedings—Source.

This state shall indemnify the United States for any losses suffered as a result of the escheat of unclaimed postal savings system accounts. The burden of the indemnification falls upon the fund into which the proceeds of the escheated accounts have been paid.

[ 1971 ex.s. c 68 § 6.]