WA HB2256

Allows debtors to request administrative termination of UCC financing statements by submitting a sworn, notarized affidavit to the filing office stating the filing was unauthorized and does not reflect a mutually understood security interest

Requires the filing office to notify all secured parties of record and wait 30 days before filing the administrative termination statement

Permits the filing office to remove administratively terminated financing statements from records after 60 days, bypassing the standard one-year post-lapse retention requirement

Appeals of administrative terminations must follow the Administrative Procedure Act (chapter 34.05 RCW)

Takes effect September 1, 2026