H-1199              _______________________________________________

                                                    HOUSE BILL NO. 487

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State of Washington                              50th Legislature                              1987 Regular Session

By Representative Appelwick

Read first time 1/30/87 and referred to Committee on Judiciary.

AN ACT Relating to the statute of frauds; and amending RCW 19.36.010.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  Section 1, chapter 58, Laws of 1905 and RCW 19.36.010 are each amended to read as follows:

          In the following cases, specified in this section, any agreement, contract and promise shall be void, unless such agreement, contract or promise, or some note or memorandum thereof, be in writing, and signed by the party to be charged therewith, or by some person thereunto by him lawfully authorized, that is to say:  (1) Every agreement that by its terms is not to be performed in one year from the making thereof; (2) Every special promise to answer for the debt, default, or misdoings of another person; (3) Every agreement, promise or undertaking made upon consideration of marriage, except mutual promises to marry; (4) Every special promise made by an executor or administrator to answer damages out of his own estate; (5) An agreement authorizing or employing an agent or broker to sell or purchase real estate for compensation or a commission; (6) Every agreement, promise, undertaking, or commitment to loan money or to grant or extend credit, expressed or implied, made by a person engaged in the business of lending money or extending credit to or for the account of any person or entity.