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Form a Business

Bond—Exoneration.

Seattle Mun. Code § 6.202.440
in effect
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6.202.440 - Bond—Exoneration. A. To the extent of any tender of payment the surety upon the bond shall be exonerated. If the actions commenced and pending at any one (1) time exceed the amount of the bond then unimpaired, claims shall be satisfied from the bond in the following order: 1. Judgments or orders for breach of contract, guarantee, warranty or violation of a consumer protection law, pro rata; then 2. Judgments or orders for failure to hold harmless or indemnify the City; then 3. Judgments or orders for other breach of condition on the bond. B. A judgment or order shall constitute a lien on a bond until satisfied. (Ord. 108934, § 1.162, 1980.)
Source: City of Seattle, Seattle Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/wa/seattle/codes/municipal_code?nodeId=TIT6BURE_SUBTITLE_IVNELICO_CH6.202GEPR_6.202.440BOXOFetched: 11/1/2026

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6.202.440 | Corpus