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AGO Opinions with Topic: INTERPRETATION OF "CARRIERS" AS USED IN CHAPTER 295, LAWS OF 1961
AGO 1961 No. 67 >  October 2, 1961
OFFICES AND OFFICERS - STATE - PUBLIC SERVICE COMMISSION - INTERPRETATION OF "CARRIERS" AS USED IN CHAPTER 295, LAWS OF 1961
OFFICES AND OFFICERS ‑- STATE ‑- PUBLIC SERVICE COMMISSION ‑- INTERPRETATION OF 'CARRIERS' AS USED IN CHAPTER 295, LAWS OF 1961 (1) RCW 59.18.270 does not require a landlord to maintain separate account for each tenant's security deposit; accordingly, the landlord may maintain a single account for the security deposits of all his tenants.  (2) If interest is earned through the investment of a tenant's security deposit, that interest belongs to the tenant.  (3) Interest earned on a tenant's security deposit may be retained by the landlord as a part of his rental charges for the premises involved if express provision to that effect is included in the rental agreement.
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