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Wash. Rev. Code § 19.310.005

Finding—Purpose

Washington · Revised Code of Washington Chapter 19.310 — Exchange Facilitators · Status: effective

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Wash. Rev. Code § 19.310.005, Finding—Purpose, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1497375
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The legislature finds that there are no statutory requirements pertaining to persons who facilitate like-kind exchanges pursuant to section 1031 of the internal revenue code and associated treasury regulations. The purpose of this chapter is to create a statutory framework that provides some consumer protections to those who entrust money or property to persons acting as exchange facilitators.