{"data":{"id":"us-wa/rcw-62a.1-204","jurisdiction":"us-wa","citation":"RCW 62A.1-204","heading":"Value.","body":"Except as otherwise provided in Articles 3, 4, 5, and 12 of this title, a person gives value for rights if the person acquires them:\n(1) In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;\n(2) As security for, or in total or partial satisfaction of, a preexisting claim;\n(3) By accepting delivery under a preexisting contract for purchase; or\n(4) In return for any consideration sufficient to support a simple contract.","path":["Title 62A","Chapter 62A.1"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=62A.1-204","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:38:34Z","sha256":"dd1d980dfc59ef5bb0a4f9dd54be2690bc861bdfa13f0fb3783dbd3219c4f604","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-62a.1-203","next":"us-wa/rcw-62a.1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}