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§ 63-48-060 — Washington Law | CourtGPT
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  5. Chapter 63.48 - Escheat of Postal Savings System Accounts.63.48.010 - Accounts Presumed Abandoned and to Escheat to State/
  6. § 63-48-060
Washington Legal Code

§ 63-48-060

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RCW 63.48.060Indemnification 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 s 6.]