Licensee's failure to pay vendor, consignor — Settlement, compromise of claims — Demand on bond — Discharge.

RCW 16.65.290
in effect
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Upon ascertaining all claims and statements in the manner herein set forth, the director may then make demand upon the bond on behalf of those claimants whose statements have been filed, and shall have the power to settle or compromise said claims with the surety company on the bond, and is empowered in such cases to execute and deliver a release and discharge of the bond involved. Upon ascertaining all claims and statements in the manner herein set forth, the director may then make demand upon the bond on behalf of those claimants whose statements have been filed, and shall have the power to settle or compromise said claims with the surety company on the bond, and is empowered in such cases to execute and deliver a release and discharge of the bond involved.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=16.65&full=trueFetched: 6/28/2026
RCW 16.65.290 — Licensee's failure to pay vendor, consignor — Settlement, compromise of claims — Demand on bond — Discharge | Revised Code of Washington | Corpus