(1) For the purpose of RCW
42.17A.710 (1)(c), the term "debt" means and includes a personal obligation or liability to pay or return something of value.
(2) The term "debt" as used in RCW
42.17A.710 (1)(c) shall not be deemed to include:
(a) An account payable of a business entity in the ordinary course of such entity's business; or
(b) A contractual promise as guarantor of a debt.
[Statutory Authority: RCW
42.17A.110, [42.17A.]120, and [42.17A.]710. WSR 21-04-073, § 390-24-110, filed 1/29/21, effective 3/1/21. Statutory Authority: RCW
42.17A.110. WSR 12-03-002, § 390-24-110, filed 1/4/12, effective 2/4/12. Statutory Authority: RCW
42.17.370(1). WSR 86-08-030 (Order 86-02), § 390-24-110, filed 3/26/86; Order 62, § 390-24-110, filed 8/26/75.]