Unmatured claims—Acceleration.

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If the owner or holder of a claim of indebtedness against the district not yet due or matured files a claim in any case in which a receiver is appointed under RCW 87.56.065, the maturity of the indebtedness owing to the person by the district shall be accelerated to such date as the court shall determine upon.

[ 2004 c 165 § 46; 1925 ex.s. c 124 § 12; RRS § 7543-12.]

NOTES:

Purpose—Captions not law—2004 c 165: See notes following RCW 7.60.005.


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