CERTIFICATION OF ENROLLMENT

HOUSE BILL 1145

Chapter 124, Laws of 2007

60th Legislature
2007 Regular Session



ACCOUNTS RECEIVABLE



EFFECTIVE DATE: 07/22/07

Passed by the House January 29, 2007
  Yeas 97   Nays 0

FRANK CHOPP
________________________________________    
Speaker of the House of Representatives


Passed by the Senate April 5, 2007
  Yeas 46   Nays 0


BRAD OWEN
________________________________________    
President of the Senate
 
CERTIFICATE

I, Richard Nafziger, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1145 as passed by the House of Representatives and the Senate on the dates hereon set forth.


RICHARD NAFZIGER
________________________________________    
Chief Clerk
Approved April 19, 2007, 1:09 p.m.








CHRISTINE GREGOIRE
________________________________________    
Governor of the State of Washington
 
FILED
April 20, 2007







Secretary of State
State of Washington


_____________________________________________ 

HOUSE BILL 1145
_____________________________________________

Passed Legislature - 2007 Regular Session
State of Washington60th Legislature2007 Regular Session

By Representatives Lantz, Warnick, Williams, Rodne, O'Brien, Campbell, Goodman and Moeller

Read first time 01/11/2007.   Referred to Committee on Judiciary.



     AN ACT Relating to the limitations period for an account receivable; amending RCW 4.16.040; and creating a new section.

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

Sec. 1   RCW 4.16.040 and 1989 c 38 s 1 are each amended to read as follows:
     The following actions shall be commenced within six years:
     (1) An action upon a contract in writing, or liability express or implied arising out of a written agreement.
     (2) An action upon an account receivable ((incurred in the ordinary course of business)). For purposes of this section, an account receivable is any obligation for payment incurred in the ordinary course of the claimant's business or profession, whether arising from one or more transactions and whether or not earned by performance.
     (3) An action for the rents and profits or for the use and occupation of real estate.

NEW SECTION.  Sec. 2   This act applies to all causes of action on accounts receivable, whether commenced before or after the effective date of this section.


         Passed by the House January 29, 2007.
         Passed by the Senate April 5, 2007.
         Approved by the Governor April 19, 2007.
         Filed in Office of Secretary of State April 20, 2007.