RCW 63.10.010
Legislative declaration.
The leasing of motor vehicles, furniture and fixtures, appliances, commercial equipment, and other personal property has become an important and widespread form of business transaction that is beneficial to the citizens and to the economy of the state. Users of personal property of all types and lessors throughout the state have relied upon the distinct nature of leasing as a modern means of transacting business that creates different relationships and legal consequences from those of lender and borrower in loan transactions and those of seller and buyer in installment sale transactions. The utility of lease transactions and the well-being of the state's economy and of the leasing industry require that leasing be a legally recognized and distinct form of transaction, creating legal relationships and having legal consequences different from loans or installment sales.
[ 1983 c 158 § 1.]
Structure Revised Code of Washington
Chapter 63.10 - Consumer Leases.
63.10.010 - Legislative declaration.
63.10.030 - Liability at expiration of lease—Residual value—Attorneys' fees—Lease terms.
63.10.040 - Lease contracts—Disclosure requirements.
63.10.045 - Unlawful acts or practices—Consumer lease of a motor vehicle.
63.10.050 - Violations—Unfair acts under consumer protection act—Damages.
63.10.055 - Remedies—Effect of chapter.
63.10.060 - Defense or action of usury—Limitations.