WA People
BILL · 1997–98 SESSION

SB 5181: Debtor liablty after default

Making certain debtors liable for any deficiency after default.

Summary

  • The restriction against collecting deficiencies is removed, so that debtors are liable for the full amount of any outstanding debt when collateral secured by a A purchase money security interest in consumer goods @ is sold by the creditor after default for less than the full amount of any outstanding debt.

From the Senate Bill Report (SB 5181), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 138, Laws of 1997
  1. IntroducedJan 17, 1997
  2. Out of committee
  3. Passed SenateMar 13, 1997
  4. Passed HouseApr 10, 1997
  5. Governor
  6. LawApr 22, 1997
Prime sponsor
Pam Roach (R-31)
Introduced
January 17, 1997 in the Senate
Last action
April 22, 1997
Session law
Chapter 138, Laws of 1997
Companion bill
HB 1273

Sponsors

Prime sponsor: Pam Roach (R-31)

4 co-sponsors (2 Democrats, 2 Republicans)

Darlene Fairley D-32Margarita Prentice D-11Don Benton R-17Shirley Winsley R-28

Votes

Senate · Final Passage

March 13, 1997
Version voted on: SB 5181
43 Yea 4 Nay 1 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat19400
Republican24011
How each member voted

Absent (1)

Excused (1)

Permalink to this vote

House · Final Passage

April 10, 1997
Version voted on: SB 5181
97 Yea 1 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat41100
Republican56000
How each member voted

Yea (97)

Nay (1)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5181 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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