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63.10.060 Defense or action of usury—Limitations.

WA Rev Code § 63.10.060 (2019) (N/A)
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RCW 63.10.060 Defense or action of usury—Limitations.

No person may plead the defense of usury or maintain any action thereon based upon a transaction heretofore entered into if such transaction:

(1) Constitutes a "consumer lease" as defined in RCW 63.10.020; or

(2) Would constitute such a consumer lease but for the fact that:

(i) The lessee was not a natural person;

(ii) The lease was not primarily for personal, family, or household purposes; or

(iii) The total contractual obligation exceeded twenty-five thousand dollars.

[ 1983 c 158 § 8.]

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