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Washington Revised Code Title 63. Personal Property § 63.10.060. Defense or action of usury--Limitations

Current as of January 01, 2025 | Updated by Findlaw Staff

No person may plead the defense of usury or maintain any action thereon based upon a transaction heretofore entered into if such transaction:

(1) Constitutes a “consumer lease” as defined in RCW 63.10.020; or

(2) Would constitute such a consumer lease but for the fact that:

(i) The lessee was not a natural person;

(ii) The lease was not primarily for personal, family, or household purposes; or

(iii) The total contractual obligation exceeded twenty-five thousand dollars.

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Cite this article: FindLaw.com - Washington Revised Code Title 63. Personal Property § 63.10.060. Defense or action of usury--Limitations - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-63-personal-property/wa-rev-code-63-10-060/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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