Payment of claims where estate insufficient.

RCW 11.76.150
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
If the estate shall be insufficient to pay the debts of any class, each creditor shall be paid in proportion to his or her claim, and no other creditor of any lower class shall receive any payment until all those of the preceding class shall have been fully paid. If the estate shall be insufficient to pay the debts of any class, each creditor shall be paid in proportion to his or her claim, and no other creditor of any lower class shall receive any payment until all those of the preceding class shall have been fully paid.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=11.76&full=trueFetched: 6/28/2026

Starting a business in Washington? Washington LLC guide: costs and requirements