reglab/housing_qa huggingface dataset:
WA Rev Code § 21.20.240 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.240 - Registration statements—Generally.

RCW 21.20.240 Registration statements—Generally.A registration statement may be filed by the issuer, any other person on whose behalf the offering is to be made, or a registered broker-dealer. The director may by rule or otherwise permit the omission of any item of information or document from any registration statement.[ 1975 1st ex.s. c 84 § 12; 1959 c 282 § 24.]
WA Rev Code § 21.20.250 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.250 - Registration by qualification or coordination—Escrow—Impounding proceeds.

RCW 21.20.250 Registration by qualification or coordination—Escrow—Impounding proceeds.The director may by rule or order require as a condition of registration by qualification or coordination (1) that any security issued within the past three years or to be issued to a promoter for a consideration substantially different from the public offering price, or to any person for a consideration other than cash, be deposited in escrow; and (2) that the proceeds from the sale of the registered security in this state be impounded until the issuer receives a specified amount from the sale of the security either in this state or elsewhere. The director may by rule or order determine the conditions of any escrow or impounding required hereunder but the director may not reject a depository solely because of location in another state.[ 1979 ex.s. c 68 § 15; 1959 c 282 § 25.]
WA Rev Code § 21.20.260 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.260 - Registration by coordination or qualification—Offer and sale—Duration of effectiveness.

RCW 21.20.260 Registration by coordination or qualification—Offer and sale—Duration of effectiveness.When securities are registered by coordination or qualification, they may be offered and sold by the issuer, any other person on whose behalf they are registered or by any registered broker-dealer or any person acting within the exemption provided in RCW 21.20.040. Every registration shall remain effective until its expiration date or until revoked by the director or until terminated upon request of the registrant with the consent of the director. All outstanding securities of the same class as a registered security are considered to be registered for the purpose of any nonissuer transaction.[ 1975 1st ex.s. c 84 § 13; 1974 ex.s. c 77 § 5; 1959 c 282 § 26.]NOTES:Effective date—1974 ex.s. c 77: See note following RCW 21.20.040.
WA Rev Code § 21.20.270 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.270 - Reports by filer of statement—Annual financial statements.

RCW 21.20.270 Reports by filer of statement—Annual financial statements.(1) The director may require the person who filed the registration statement to file reports, not more often than quarterly to keep reasonably current the information contained in the registration statement and to disclose the progress of the offering with respect to registered securities which (a) are issued by a face-amount certificate company or a redeemable security issued by an open-end management company or unit investment trust as those terms are defined in the investment company act of 1940, or (b) are being offered and sold directly by or for the account of the issuer.(2) During the period of public offering of securities registered under the provisions of this chapter by qualification financial data or statements corresponding to those required under the provisions of RCW 21.20.210 and to the issuer's fiscal year shall be filed with the director annually, not more than one hundred twenty days after the end of each such year. Such statements at the discretion of the director or administrator shall be audited by a certified public accountant who is not an employee of the issuer, and the director may verify them by examining the issuer's books and records. The report of such independent certified public accountant shall be based upon an audit of not less in scope or procedures followed than that which independent public accountants would ordinarily make for the purpose of presenting comprehensive and dependable financial statements, and shall contain such information as the director may prescribe, by rules in the public interest or for the protection of investors, as to the nature and scope of the audit and the findings and opinions of the accountants. Each such report shall state that such independent certified public accountant has verified securities owned, either by actual examination, or by receipt of a certificate from the custodian, as the director may prescribe by rules.[ 2016 c 61 § 5; 1995 c 46 § 3; 1975 1st ex.s. c 84 § 14; 1965 c 17 § 3; 1961 c 37 § 7; 1959 c 282 § 27.]
WA Rev Code § 21.20.275 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.275 - Pending registration—Notice of termination—Application for continuation.

RCW 21.20.275 Pending registration—Notice of termination—Application for continuation.The director may in his or her discretion send notice to the applicant in any pending registration in which no action has been taken for nine months immediately prior to the sending of such notice, advising such applicant that the pending registration will be terminated thirty days from the date of sending unless on or before the termination date the applicant makes application in writing to the director showing good cause why it should be continued as a pending registration. If such application is not made or good cause shown, the director shall terminate the pending registration.[ 2016 c 61 § 6; 1994 c 256 § 17; 1979 ex.s. c 68 § 16; 1974 ex.s. c 77 § 12.]NOTES:Findings—Construction—1994 c 256: See RCW 43.320.007.Effective date—1974 ex.s. c 77: See note following RCW 21.20.040.
WA Rev Code § 21.20.280 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.280 - Stop orders—Grounds.

RCW 21.20.280 Stop orders—Grounds.The director may issue a stop order denying effectiveness to, or suspending or revoking the effectiveness of, any registration statement if the director finds that the order is in the public interest and that:(1) The registration statement as of its effective date or as of any earlier date in the case of an order denying effectiveness, is incomplete in any material respect or contains any statement which was, in the light of the circumstances under which it was made, false or misleading with respect to any material fact;(2) Any provision of this chapter or any rule, order, or condition lawfully imposed under this chapter has been willfully violated, in connection with the offering by (a) the person filing the registration statement, (b) the issuer, any partner, officer, or director of the issuer, any person occupying a similar status or performing similar functions, or any person directly or indirectly controlling or controlled by the issuer, but only if the person filing the registration statement is directly or indirectly controlled by or acting for the issuer, or (c) any underwriter;(3) The security registered or sought to be registered is the subject of a permanent or temporary injunction of any court of competent jurisdiction entered under any other federal or state act applicable to the offering; but (a) the director may not institute a proceeding against an effective registration statement under this clause more than one year from the date of the injunction relied on, and (b) the director may not enter an order under this clause on the basis of an injunction entered under any other state act unless that order or injunction was based on facts which would currently constitute a ground for a stop order under this section;(4) The issuer's enterprise or method of business includes or would include activities which are illegal where performed;(5) The offering has worked or tended to work a fraud upon purchasers or would so operate;(6) When a security is sought to be registered by coordination, there has been a failure to comply with the undertaking required by RCW 21.20.180(7);(7) The applicant or registrant has failed to pay the proper registration fee; but the director may enter only a denial order under this subsection and shall vacate any such order when the deficiency has been corrected; or(8) The offering has been or would be made with unreasonable amounts of underwriters' and sellers' discounts, commissions, or compensation or promoters' profits or participation, or unreasonable amounts or kinds of options.[ 2016 c 61 § 7; 1979 ex.s. c 68 § 17; 1975 1st ex.s. c 84 § 15; 1959 c 282 § 28.]
WA Rev Code § 21.20.290 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.290 - Stop order prohibited if facts known on effective date of statement.

RCW 21.20.290 Stop order prohibited if facts known on effective date of statement.The director may not enter a stop order against an effective registration statement on the basis of a fact or transaction known to the director when the registration statement became effective.[ 1979 ex.s. c 68 § 18; 1959 c 282 § 29.]
WA Rev Code § 21.20.300 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.300 - Notification of entry of stop order—Hearing—Findings, conclusions, modification, etc.

RCW 21.20.300 Notification of entry of stop order—Hearing—Findings, conclusions, modification, etc.Upon the entry of a stop order under any part of RCW 21.20.280, the director shall promptly notify the issuer of the securities and the applicant or registrant that the order has been entered and of the reasons therefor and that within twenty days after the receipt of a written request the matter will be set down for hearing. If no hearing is requested within twenty days and none is ordered by the director, the director shall enter written findings of fact and conclusions of law and the order will remain in effect until it is modified or vacated by the director. If a hearing is requested or ordered, the director, after notice of and opportunity for hearings to the issuer and to the applicant or registrant, shall enter written findings of fact and conclusions of law and may modify or vacate the order. The director may modify or vacate a stop order if the director finds that the conditions which prompted its entry have changed or that it is otherwise in the public interest to do so.[ 2016 c 61 § 8; 1979 ex.s. c 68 § 19; 1959 c 282 § 30.]
WA Rev Code § 21.20.325 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.325 - Denial, revocation, condition, of exemptions—Authority—Procedure.

RCW 21.20.325 Denial, revocation, condition, of exemptions—Authority—Procedure.The director or administrator may by order deny, revoke, or condition any exemption specified in RCW 21.20.310 (10), (11), (12)[,] or (13), 21.20.320, or 21.20.880, with respect to a specific security or transaction. No such order may be entered without appropriate prior notice to all interested parties, opportunity for hearing, and written findings of fact and conclusions of law, except that the director or administrator may by order summarily deny, revoke, or condition any of the specified exemptions pending final determination of any proceeding under this section. Upon the entry of a summary order, the director or administrator shall promptly notify all interested parties that it has been entered and of the reasons therefor and that within twenty days of the receipt of a written request the matter will be set down for hearing. If no hearing is requested and none is ordered by the director or administrator, the order will remain in effect until it is modified or vacated by the director or administrator. If a hearing is requested or ordered, the director or administrator, after notice of and opportunity for hearing to all interested persons, may modify or vacate the order or extend it until final determination. No order under this section may operate retroactively. No person may be considered to have violated RCW 21.20.140 as now or hereafter amended by reason of any offer or sale effected after the entry of an order under this section if he or she sustains the burden of proof that he or she did not know, and in the exercise of reasonable care could not have known, of the order.[ 2016 c 61 § 9; 1979 ex.s. c 68 § 22; 1979 c 130 § 14; 1977 ex.s. c 188 § 3; 1975 1st ex.s. c 84 § 18; 1974 ex.s. c 77 § 7; 1967 c 199 § 3.]NOTES:Severability—1979 c 130: See note following RCW 28B.10.485.
WA Rev Code § 21.20.327 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.327 - Required filings—Consent to service—Failure to comply—Rules—Fees.

RCW 21.20.327 Required filings—Consent to service—Failure to comply—Rules—Fees.(1) The director, by rule or otherwise, may require the filing of any or all of the following documents and the payment of the following fees with respect to a federal covered security under section 18(b)(2) of the Securities Act of 1933:(a) Prior to the initial offer of such a federal covered security in this state, all documents that are part of the current federal registration statement filed with the U.S. securities and exchange commission under the Securities Act of 1933, together with a consent to service of process signed by the issuer and the fee prescribed by RCW 21.20.340;(b) After the initial offer of such a federal covered security in this state, all documents that are part of an amendment to a current federal registration statement filed with the U.S. securities and exchange commission under the Securities Act of 1933 and all fees prescribed by RCW 21.20.340; and(c) An annual or periodic report of the value of such federal covered securities offered in this state, together with the fee prescribed by RCW 21.20.340.(2) With respect to any security that is a federal covered security under section 18(b)(4)(D) of the Securities Act of 1933, the director, by rule or otherwise, may require the issuer to file a notice on SEC Form D, together with a consent to service of process signed by the issuer and the fee prescribed pursuant to RCW 21.20.340, no later than fifteen days after the first sale of such a federal covered security in this state.(3) The director, by rule or otherwise, may require the filing of any document filed with the U.S. securities and exchange commission under the Securities Act of 1933, with respect to a federal covered security under section 18(b)(3) or (4) of the Securities Act of 1933 and/or the payment of the fee prescribed pursuant to RCW 21.20.340.(4) The director may issue a stop order suspending the offer and sale of a federal covered security, except a federal covered security under section 18(b)(1) of the Securities Act of 1933, if the director finds that there is a failure to comply with any requirement established under this section.(5) The director, by rule or otherwise, may waive any or all of the provisions of this section.[ 1998 c 15 § 12.]
WA Rev Code § 21.20.330 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.330 - Consent to service of process—Service, how made.

RCW 21.20.330 Consent to service of process—Service, how made.Every applicant for registration as a broker-dealer, investment adviser, investment adviser representative, or salesperson under this chapter, every issuer that files an application to register or files a claim of exemption from registration to offer a security in this state through any person acting on an agency basis in the common law sense, and every person filing pursuant to RCW 21.20.050 or 21.20.327 shall file with the director or with such person as the director may by rule or order designate, in such form as the director by rule prescribes, an irrevocable consent appointing the director or the director's successor in office to be the attorney of the applicant to receive service of any lawful process in any noncriminal suit, action, or proceeding against the applicant or the applicant's successor, executor or administrator which arises under this chapter or any rule or order hereunder after the consent has been filed, with the same force and validity as if served personally on the person filing the consent. A person who has filed such a consent in connection with a previous registration, or notice filing pursuant to RCW 21.20.050 or 21.20.327, need not file another. Service may be made by leaving a copy of the process in the office of the director, but it is not effective unless (1) the plaintiff, who may be the director in a suit, action, or proceeding instituted by him or her, forthwith sends notice of the service and a copy of the process by registered mail to the defendant or respondent at the last address of the respondent or defendant on file with the director, and (2) the plaintiff's affidavit of compliance with this section is filed in the case on or before the return day of the process, if any, or within such further time as the court allows.[ 1998 c 15 § 15; 1994 c 256 § 19; 1979 ex.s. c 68 § 23; 1975 1st ex.s. c 84 § 19; 1959 c 282 § 33.]NOTES:Findings—Construction—1994 c 256: See RCW 43.320.007.
WA Rev Code § 21.20.350 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.350 - False or misleading statements in filed documents.

RCW 21.20.350 False or misleading statements in filed documents.It is unlawful for any person to make or cause to be made, in any document filed with the director or in any proceeding under this chapter, any statement which is, at the time and in the light of the circumstances under which it is made, false or misleading in any material respect.[ 1959 c 282 § 35.]
WA Rev Code § 21.20.360 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.360 - Filing, registration, statement, exemption not conclusive as to truth or completeness—Unlawful representations.

RCW 21.20.360 Filing, registration, statement, exemption not conclusive as to truth or completeness—Unlawful representations.Neither the fact that an application for registration under RCW 21.20.050, a registration statement under RCW 21.20.180 or 21.20.210 has been filed, nor the fact that a person or security is effectively registered, constitutes a finding by the director that any document filed under this chapter is true, complete, and not misleading. Neither any such fact nor the fact that an exemption or exception is available for a security or a transaction means that the director has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person, security, or transaction. It is unlawful to make, or cause to be made, to any prospective purchaser, customer, or client any representation inconsistent with this section.[ 2016 c 61 § 11; 1975 1st ex.s. c 84 § 21; 1959 c 282 § 36.]
WA Rev Code § 21.20.370 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.370 - Investigations—Statement of facts relating to investigation may be permitted—Publication of information—Use of criminal history record information.

RCW 21.20.370 Investigations—Statement of facts relating to investigation may be permitted—Publication of information—Use of criminal history record information.(1) The director in his or her discretion (a) may annually, or more frequently, make such public or private investigations within or without this state as the director deems necessary to determine whether any registration should be granted, denied or revoked or whether any person has violated, is violating, or is about to violate any provision of this chapter or any rule or order under this chapter, or to aid in the enforcement of this chapter or in the adoption of rules and forms under this chapter, (b) may engage in the detection and identification of criminal activities subject to this chapter, (c) may require or permit any person to testify or to file a statement in writing, under oath or otherwise as the director may determine, as to all the facts and circumstances concerning the matter to be investigated, and (d) may publish information concerning a proceeding, an investigation, or any violation of this chapter or any rule or order under this chapter, if the director determines it is necessary or appropriate in the public interest or for the protection of investors.(2) The enforcement unit of the securities division of the department of financial institutions may be authorized to receive criminal history record information in connection with the investigation of criminal activities subject to this chapter.[ 2002 c 65 § 6; 1998 c 15 § 17; 1994 c 256 § 21; 1979 ex.s. c 68 § 25; 1973 1st ex.s. c 171 § 2; 1959 c 282 § 37.]NOTES:Findings—Construction—1994 c 256: See RCW 43.320.007.Investigations, additional authority, scope: RCW 21.20.700.
WA Rev Code § 21.20.377 (2021)
2021 Revised Code of Washington|Title 21 - Securities and Investments|Chapter 21.20 - Securities Act of Washington.|21.20.377 - Subpoena authority—Application—Contents—Notice—Fees.

RCW 21.20.377 Subpoena authority—Application—Contents—Notice—Fees.(1) The director or authorized assistants may apply for and obtain a superior court order approving and authorizing a subpoena in advance of its issuance. The application may be made in the county where the subpoenaed person resides or is found, or the county where the subpoenaed documents, records, or evidence are located, or in Thurston county. The application must:(a) State that an order is sought under this section;(b) Adequately specify the documents, records, evidence, or testimony; and(c) Include a declaration made under oath that an investigation is being conducted for a lawfully authorized purpose related to an investigation within the department's authority and that the subpoenaed documents, records, evidence, or testimony are reasonably related to an investigation within the department's authority.(2) When an application under this section is made to the satisfaction of the court, the court must issue an order approving the subpoena. An order under this subsection constitutes authority of law for the agency to subpoena the documents, records, evidence, or testimony.(3) The director or authorized assistants may seek approval and a court may issue an order under this section without prior notice to any person, including the person to whom the subpoena is directed and the person who is the subject of an investigation. An application for court approval is subject to the fee and process set forth in RCW 36.18.012(3).[ 2011 c 93 § 7.]NOTES:Finding—Intent—2011 c 93: See note following RCW 18.44.425.