6475-S AMS ROAC S4683.1
SSB 6475 - S AMD - 642
By Senators Roach, Kline and Fairley
ADOPTED; MADE MOOT BY #650 2/13/98
On
page 33, beginning on line 12, after "bona fide" strike all material
through "fees" on line 20, and insert "security interest
to which the vehicle is subject ((under subsection (1)(a) or (c) of this
section)), and provided further that where the ownership interest
subject to forfeiture is bona fide community property, the value of the
undivided community property interest of the spouse who was not operating the
vehicle in violation of RCW 46.61.502 or 46.61.504 shall not be forfeited nor
subject to reduction for towing, removal, or storage charges associated with
the forfeiture action. The value of the undivided community property interest
not subject to forfeiture or reduction is one-half of the value of the vehicle
as defined in subsection (12) of this section after deducting the cost of
satisfying any bona fide security interest"
EFFECT: Clarifies that a spouse's community property interest in the proceeds of selling a forfeited vehicle is subordinate to the interest of a secured party, such as a lender. The spouse receives half the proceeds of the sale after deducting the amount owed to the lender.
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