reglab/statecodes huggingface dataset:
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.510 - Processor's form showing maximum processing capacity.

RCW 20.01.510
Processor's form showing maximum processing capacity.
In order to carry out the purposes of this chapter, the director may require a processor to annually complete a form prescribed by the director, which, when completed, will show the maximum processing capacity of each plant operated by the processor in the state of Washington. Such completed form shall be returned to the director by a date prescribed by him or her.
[ 2011 c 336 § 589; 2011 c 103 § 41; 1971 ex.s. c 182 § 16.]
NOTES:
Reviser's note: This section was amended by 2011 c 103 § 41 and by 2011 c 336 § 589, each without reference to the other. Both amendments are incorporated in the publication of this section under RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Purpose—2011 c 103: See note following RCW 15.26.120.
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.520 - Processor to have grower contracts and commitments on file.

RCW 20.01.520
Processor to have grower contracts and commitments on file.
By a date or dates prescribed prior to planting time by the director, the director, in order to carry out the purposes of this chapter, may require a processor to have filed with the director:
(1) A copy of each contract the processor has entered into with a grower for the purchase of acres of crops and/or quantity of crops to be harvested during the present or next growing season; and
(2) A notice of each oral commitment the processor has given to growers for the purchase of acres of crops and/or quantity of crops to be harvested during the present or next growing season, and such notice shall disclose the amount of acres and/or quantity to which the processor has committed himself or herself.
[ 2011 c 103 § 42; 1971 ex.s. c 182 § 17.]
NOTES:
Purpose—2011 c 103: See note following RCW 15.26.120.
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.530 - Grower may file form showing crops processor is committed to purchase.

RCW 20.01.530
Grower may file form showing crops processor is committed to purchase.
Any grower may file with the director on a form prescribed by him or her the acres of crops and/or quantity of crops to be harvested during the present or next growing season, which he or she understands a processor has orally committed himself or herself to purchase.
[ 2011 c 336 § 591; 1971 ex.s. c 182 § 18.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.540 - Committing to purchase more crops than plants can process—Violation.

RCW 20.01.540
Committing to purchase more crops than plants can process—Violation.
Any processor who, from the information filed with the director, appears to or has committed himself or herself either orally or in writing to purchase more crops than his or her plants are capable of processing shall be in violation of this chapter and his or her dealer's license subject to denial, suspension, or revocation as provided for in RCW 20.01.330.
[ 2011 c 336 § 592; 1971 ex.s. c 182 § 19.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.550 - Discrimination by processor.

RCW 20.01.550
Discrimination by processor.
Any processor who discriminates between growers with whom he or she contracts as to price, conditions for production, harvesting, and delivery of crops which is not supportable by economic cost factors shall be in violation of this chapter and the director may subsequent to a hearing deny, suspend, or revoke such processor's license to act as a dealer.
[ 2011 c 336 § 593; 1977 ex.s. c 304 § 15; 1971 ex.s. c 182 § 20.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.560 - Effective date of RCW 20.01.500 through 20.01.550.

RCW 20.01.560
Effective date of RCW 20.01.500 through 20.01.550.
RCW 20.01.500 through 20.01.550 shall take effect beginning on September 1, 1972.
[ 1971 ex.s. c 182 § 21.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.570 - Cash or other security in lieu of surety bond.

RCW 20.01.570
Cash or other security in lieu of surety bond.
In lieu of the surety bond required under the provisions of this chapter, an applicant or licensee may file with the director a deposit consisting of cash or other security acceptable to the director. The director may adopt rules and regulations necessary for the administration of such security.
[ 1973 c 142 § 2.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.610 - Authority to stop vehicle violating chapter—Failure to stop, civil infraction.

RCW 20.01.610
Authority to stop vehicle violating chapter—Failure to stop, civil infraction.
The director may establish points of inspection for vehicles transporting agricultural products on the public roads of this state. Vehicles transporting agricultural products on the public roads of this state are subject to inspection and must stop at any posted inspection point established by the director. The director or appointed officers may stop a vehicle transporting agricultural products upon the public roads of this state at a place other than an inspection point if there is reasonable cause to believe the carrier, seller, or buyer may be in violation of this chapter. Any operator of a vehicle failing or refusing to stop when directed to do so has committed a civil infraction.
The director and appointed officers shall work to ensure that vehicles carrying perishable agricultural products are detained no longer than is absolutely necessary for a prompt assessment of compliance with this chapter. If a vehicle carrying perishable agricultural products is found to be in violation of this chapter, the director or appointed officers shall promptly issue necessary notices of civil infraction, as provided in RCW 20.01.482 and 20.01.484, and shall allow the vehicle to continue toward its destination without further delay.
[ 2007 c 71 § 6; 2003 c 395 § 10; 1986 c 178 § 14; 1983 c 305 § 8.]
NOTES:
Severability—1983 c 305: See note following RCW 20.01.010.
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.900 - Chapter cumulative and nonexclusive.

RCW 20.01.900
Chapter cumulative and nonexclusive.
The provisions of this chapter shall be cumulative and nonexclusive and shall not affect any other remedy.
[ 1959 c 139 § 48.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.920 - Effective date—1959 c 139.

RCW 20.01.920
Effective date—1959 c 139.
The effective date of this chapter shall be January 1, 1960.
[ 1959 c 139 § 50.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.930 - Repealer.

RCW 20.01.930
Repealer.
Chapter 14, Laws of 1955 as amended by section 4, chapter 262, Laws of 1955, section 3, chapter 262, Laws of 1955, sections 1 and 2, chapter 262, Laws of 1955 and RCW 20.04.010 through 20.04.120, 20.08.010 through 20.08.110, 20.12.020 through 20.12.040, 20.16.010 through 20.16.040, 20.20.010 through 20.20.060, 20.24.010 through 20.24.070 and 20.98.010 through 20.98.060 are hereby repealed.
[ 1959 c 139 § 51.]
2023 Revised Code of Washington › Title 20 - Commission Merchants—Agricultural Products › Chapter 20.01 - Agricultural Products—Commission Merchants, Dealers, Brokers, Buyers, Agents. › 20.01.940 - Repealer—Savings—1979 ex.s. c 115.

RCW 20.01.940
Repealer—Savings—1979 ex.s. c 115.
Section 10, chapter 102, Laws of 1974 ex. sess., section 12, chapter 304, Laws of 1977 ex. sess. and RCW 20.01.445 are each repealed.
Such repeals shall not be construed as affecting any existing right acquired under the statutes repealed, nor as affecting any proceeding instituted thereunder, nor any rule, regulation, or order promulgated thereunder, nor any administrative action taken thereunder.
[ 1979 ex.s. c 115 § 6.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.04 SECURITIES ACT

Sections
21.04.010 through 21.04.220
[1951 c 230; 1949 c 150; 1947 c 189; 1943 c 231; 1943 c 169; 1939 c 124; 1937 c 182; 1935 c 97; 1923 c 69; RRS §§ 5853-1-5853-23.]
Repealed by 1959 c 282 § 68.
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.08 METALLIFEROUS MINING SECURITIES

Sections
21.08.010 through 21.08.120
[1951 c 64; 1937 c 178; RRS §§ 5853-31-5853-42.]
Repealed by 1959 c 282 § 68.
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.12 OIL, GAS, AND MINING LEASES

Sections
21.12.010 through 21.12.080
[1939 c 110; RRS §§ 5853-51-5853-58.]
Repealed by 1959 c 282 § 68.
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.16 TRANSFER OF SECURITIES BY FIDUCIARIES

Sections
21.16.010 "Fiduciary" defined.
[1947 c 159 § 2; Rem. Supp. 1947 § 3923-41.]
Repealed by 1961 c 150 § 12.
21.16.020 Registration or transfer by fiduciary or nominee.
[1947 c 159 § 1; Rem. Supp. 1947 § 3923-40.]
Repealed by 1961 c 150 § 12.
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.17 UNIFORM ACT FOR SIMPLIFICATION OF FIDUCIARY SECURITY TRANSFERS

Sections
21.17.010 Definitions.
[1961 c 150 § 1.]
Repealed by 1995 c 48 § 52.
21.17.020 Registration in the name of a fiduciary.
[1961 c 150 § 2.]
Repealed by 1995 c 48 § 52.
21.17.030 Assignment by a fiduciary.
[1961 c 150 § 3.]
Repealed by 1995 c 48 § 52.
21.17.040 Evidence of appointment or incumbency.
[1961 c 150 § 4.]
Repealed by 1995 c 48 § 52.
21.17.050 Adverse claims.
[1961 c 150 § 5.]
Repealed by 1995 c 48 § 52.
21.17.060 Nonliability of corporation and transfer agent.
[1961 c 150 § 6.]
Repealed by 1995 c 48 § 52.
21.17.070 Nonliability of third persons.
[1961 c 150 § 7.]
Repealed by 1995 c 48 § 52.
21.17.080 Territorial application.
[1967 c 208 § 1; 1961 c 150 § 8.]
Repealed by 1995 c 48 § 52.
21.17.090 Tax obligations.
[1961 c 150 § 9.]
Repealed by 1995 c 48 § 52.
21.17.900 Uniformity of interpretation.
[1961 c 150 § 10.]
Repealed by 1995 c 48 § 52.
21.17.910 Short title.
[1961 c 150 § 11.]
Repealed by 1995 c 48 § 52.
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.24 UNIFORM GIFTS TO MINORS ACT

Sections
21.24.010 Definitions.
[1984 c 149 § 16; 1971 ex.s. c 292 § 30; 1967 ex.s. c 88 § 1; 1959 c 202 § 1.]
Recodified as RCW 11.93.010 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.020 Manner of making gift.
[1984 c 149 § 17; 1967 ex.s. c 88 § 2; 1959 c 202 § 2.]
Recodified as RCW 11.93.020 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.030 Effect of gift.
[1984 c 149 § 18; 1967 ex.s. c 88 § 3; 1959 c 202 § 3.]
Recodified as RCW 11.93.030 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.040 Duties and powers of custodian.
[1984 c 149 § 19; 1971 ex.s. c 292 § 31; 1967 ex.s. c 88 § 4; 1959 c 202 § 4.]
Recodified as RCW 11.93.040 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.050 Custodian's expenses, compensation, bond, and liabilities.
[1984 c 149 § 20; 1959 c 202 § 5.]
Recodified as RCW 11.93.050 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.060 Exemption of third persons from liability.
[1984 c 149 § 21; 1967 ex.s. c 88 § 5; 1959 c 202 § 6.]
Recodified as RCW 11.93.060 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.070 Resignation, death, or removal of custodian — Bond — Appointment of successor custodian.
[1984 c 149 § 22; 1971 ex.s. c 292 § 32; 1967 ex.s. c 88 § 6; 1959 c 202 § 7.]
Recodified as RCW 11.93.070 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.080 Accounting by custodian.
[1984 c 149 § 23; 1959 c 202 § 8.]
Recodified as RCW 11.93.080 pursuant to 1984 c 149 § 15, effective January 1, 1985.
21.24.090 Construction — 1959 c 202.
[1959 c 202 § 9.]
Recodified as RCW 11.93.910 pursuant to 1984 c 149 § 24, effective January 1, 1985.
21.24.091 Construction — 1967 ex.s. c 88.
[1967 ex.s. c 88 § 7.]
Recodified as RCW 11.93.911 pursuant to 1984 c 149 § 24, effective January 1, 1985.
21.24.100 Short title.
[1959 c 202 § 10.]
Recodified as RCW 11.93.900 pursuant to 1984 c 149 § 24, effective January 1, 1985.
21.24.900 Severability — 1959 c 202.
[1959 c 202 § 11.]
Recodified as RCW 11.93.920 pursuant to 1984 c 149 § 24, effective January 1, 1985.
2023 Revised Code of Washington › Title 21 - Securities and Investments › RCW Dispositions › 21.25 GIFTS OF REALTY TO MINORS ACT

Sections
21.25.010 Definitions.
[1971 ex.s. c 292 § 33; 1967 ex.s. c 88 § 8.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.020 Manner of making gift.
[1967 ex.s. c 88 § 9.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.030 Effect of gift.
[1967 ex.s. c 88 § 10.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.040 Duties and powers of custodian.
[1971 ex.s. c 292 § 34; 1967 ex.s. c 88 § 11.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.050 Custodian's expenses, compensation, bond, and liability.
[1967 ex.s. c 88 § 12.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.060 Exemption of third persons from liability.
[1967 ex.s. c 88 § 13.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.070 Resignation, death, or removal of custodian — Bond — Appointment of successor custodian.
[1971 ex.s. c 292 § 35; 1967 ex.s. c 88 § 14.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.080 Accounting by custodian.
[1967 ex.s. c 88 § 15.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.090 Transfer of income proceeds or corpus into an account qualifying under chapter 21.24 RCW.
[1967 ex.s. c 88 § 16.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.100 Construction — 1967 ex.s. c 88.
[1967 ex.s. c 88 § 17.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.110 Short title.
[1967 ex.s. c 88 § 18.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
21.25.900 Severability — 1967 ex.s. c 88.
[1967 ex.s. c 88 § 19.]
Repealed by 1985 c 30 § 143; and repealed by 1984 c 149 § 178, effective January 1, 1985.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.010 - Unlawful offers, sales, purchases.

RCW 21.20.010
Unlawful offers, sales, purchases.
It is unlawful for any person, in connection with the offer, sale or purchase of any security, directly or indirectly:
(1) To employ any device, scheme, or artifice to defraud;
(2) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or
(3) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
[ 1959 c 282 § 1.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.020 - Unlawful acts of person advising another.

RCW 21.20.020
Unlawful acts of person advising another.
(1) It is unlawful for any person who receives any consideration from another party primarily for advising the other person as to the value of securities or their purchase or sale, whether through the issuance of analyses or reports or otherwise:
(a) To employ any device, scheme, or artifice to defraud the other person;
(b) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon the other person; or
(c) To engage in any dishonest or unethical practice as the director may define by rule.
This subsection (1) applies whether or not the person is an investment adviser, federal covered adviser, or investment adviser under this chapter or the Investment Advisers Act of 1940.
(2) It is unlawful for an investment adviser, acting as principal for his or her own account, knowingly to sell any security to or purchase any security from a client, or act as a broker for a person other than such client, knowingly to effect any sale or purchase of any security for the account of such client, without disclosing to such client in writing before the execution of such transaction the capacity in which he or she is acting and obtaining the consent of the client to such transaction.
This subsection (2) does not apply to a transaction with a customer of a broker-dealer if the broker-dealer is not acting as an investment adviser in relation to the transaction.
[ 2002 c 65 § 2; 1998 c 15 § 2; 1959 c 282 § 2.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.030 - Unlawful acts of investment adviser.

RCW 21.20.030
Unlawful acts of investment adviser.
It is unlawful for any investment adviser to enter into, extend, or renew any investment advisory contract unless it provides in writing:
(1) That the investment adviser shall not be compensated on the basis of a share of capital gains upon or capital appreciation of the funds or any portion of the funds of the client; however, this subsection does not prohibit: (a) An investment advisory contract which provides for compensation based upon the total of a fund averaged over a definite period, or as of definite dates or taken as of a definite date; or (b) performance compensation arrangements permitted under any rule the director may adopt in order to allow performance compensation arrangements permitted under the Investment Advisers Act of 1940 and regulations promulgated by the securities and exchange commission thereunder;
(2) That no assignment of the contract may be made by the investment adviser without the consent of the other party to the contract; and
(3) That the investment adviser, if a partnership, shall notify the other party to the contract of any change in the membership of the partnership within a reasonable time after the change.
"Assignment", as used in subsection (2) of this section, includes any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor or of a controlling block of the assignor's outstanding voting securities by a security holder of the assignor; but, if the investment adviser is a partnership, no assignment of an investment advisory contract is considered to result from the death or withdrawal of a minority of the members of the investment adviser having only a minority interest in the business of the investment adviser, or from the admission to the investment adviser of one or more members who, after admission, will be only a minority of the members and will have only a minority interest in the business.
[ 1993 c 114 § 1; 1959 c 282 § 3.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.035 - Unlawful purchases or sales for customer's account.

RCW 21.20.035
Unlawful purchases or sales for customer's account.
It is unlawful for a broker-dealer, salesperson, investment adviser, or investment adviser representative knowingly to effect or cause to be effected, with or for a customer's account, transactions of purchase or sale (1) that are excessive in size or frequency in view of the financial resources and character of the account and (2) that are effected because the broker-dealer, salesperson, investment adviser, or investment adviser representative is vested with discretionary power or is able by reason of the customer's trust and confidence to influence the volume and frequency of the trades.
[ 1994 c 256 § 4; 1993 c 470 § 1.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.037 - Variable contracts—Registration required—Rules.

RCW 21.20.037
Variable contracts—Registration required—Rules.
As required by chapter 48.18A RCW, a person selling variable contracts shall be registered as a broker-dealer or securities salesperson as required by this chapter. This chapter, and any rules or orders adopted under this chapter, applies to any person engaged in the offer, sale, or purchase of a variable contract. "Variable contract" means the same as set forth under chapter 48.18A RCW.
[ 2002 c 65 § 8.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.050 - Application for registration—Filing of documents—Consent to service of process—Fee.

RCW 21.20.050
Application for registration—Filing of documents—Consent to service of process—Fee.
(1) A broker-dealer, salesperson, investment adviser, or investment adviser representative may apply for registration by filing with the director or his or her authorized agent an application together with a consent to service of process in such form as the director shall prescribe and payment of the fee prescribed in RCW 21.20.340.
(2) A federal covered adviser shall file such documents as the director may, by rule or otherwise, require together with a consent to service of process and the payment of the fee prescribed in RCW 21.20.340.
[ 2011 c 336 § 595; 1998 c 15 § 4; 1994 c 256 § 6; 1981 c 272 § 1; 1979 ex.s. c 68 § 3; 1975 1st ex.s. c 84 § 3; 1961 c 37 § 2; 1959 c 282 § 5.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.060 - Contents of application for registration—Capital requirements.

RCW 21.20.060
Contents of application for registration—Capital requirements.
The application shall contain whatever information the director requires concerning such matters as:
(1) The applicant's form and place of organization;
(2) The applicant's proposed method of doing business;
(3) The qualifications and business history of the applicant and in the case of a broker-dealer or investment adviser; any partner, officer, or director, or any person occupying a similar status or performing similar functions; or any person directly or indirectly controlling the broker-dealer or investment adviser;
(4) Any injunction or administrative order or conviction of a misdemeanor involving a security or any aspect of the securities business and any conviction of a felony;
(5) The applicant's financial condition and history;
(6) The address of the principal place of business of the applicant and the addresses of all branch offices of the applicant in this state; and
(7) Any information to be furnished or disseminated to any client or prospective client, if the applicant is an investment adviser.
The director may by rule or otherwise require a minimum capital for registered broker-dealers, not to exceed the limitations provided in section 15 of the Securities Exchange Act of 1934, and establish minimum financial requirements for investment advisers, not to exceed the limitations provided in section 222 of the Investment Advisers Act of 1940, which may include different requirements for investment advisers who maintain custody of clients' funds or securities or who have discretionary authority over those funds or securities, and may allow registrants to maintain a surety bond of appropriate amount as an alternative method of compliance with minimum capital or financial requirements.
[ 1998 c 15 § 5; 1995 c 46 § 1; 1994 c 256 § 7; 1965 c 17 § 1; 1959 c 282 § 6.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.070 - When registration effective—Requirements determined by rule.

RCW 21.20.070
When registration effective—Requirements determined by rule.
If the application meets the requirements for registration, as the director may by rule or otherwise determine, and no denial order is in effect and no proceeding is pending under RCW 21.20.110, the director shall make the registration effective.
[ 1998 c 15 § 6; 1981 c 272 § 2; 1979 ex.s. c 68 § 4; 1975 1st ex.s. c 84 § 4; 1974 ex.s. c 77 § 2; 1959 c 282 § 7.]
NOTES:
Effective date—1974 ex.s. c 77: See note following RCW 21.20.040.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.080 - Duration of registration—Association with issuer, broker-dealer, federal covered adviser, or investment adviser—Notice to director—Extension of licensing period.

RCW 21.20.080
Duration of registration—Association with issuer, broker-dealer, federal covered adviser, or investment adviser—Notice to director—Extension of licensing period.
Registration of a broker-dealer, salesperson, investment adviser representative, or investment adviser shall be effective for a one-year period unless the director by rule or order provides otherwise. The director by rule or order may schedule registration or renewal so that all registrations and renewals expire December 31st. The director may adjust the fee for registration or renewal proportionately. The registration of a salesperson or investment adviser representative is not effective during any period when the salesperson is not employed by or associated with an issuer or a registered broker-dealer or when the investment adviser representative is not employed by or associated with an investment adviser registered under this chapter or a federal covered adviser who has made a notice filing pursuant to RCW 21.20.050. To be employed by or associated with an issuer, broker-dealer, federal covered adviser, or investment adviser within the meaning of this section notice, either in writing or in some other format as the director may by rule or otherwise specify, must be given to the director. When a salesperson begins or terminates employment or association with an issuer or registered broker-dealer, the salesperson and the issuer or broker-dealer shall promptly notify the director. When an investment adviser representative registered under this chapter begins or terminates employment or association with an investment adviser registered under this chapter or a federal covered adviser required to make a notice filing pursuant to RCW 21.20.050, the investment adviser representative and investment adviser or federal covered adviser shall promptly notify the director.
Notwithstanding any provision of law to the contrary, the director may, from time to time, extend the duration of a licensing period for the purpose of staggering renewal periods. Such extension of a licensing period shall be by rule adopted in accordance with the provisions of chapter 34.05 RCW. Such rules may provide a method for imposing and collecting such additional proportional fee as may be required for the extended period.
[ 1998 c 15 § 7; 1994 c 256 § 8; 1981 c 272 § 3; 1979 ex.s. c 68 § 5; 1975 1st ex.s. c 84 § 5; 1959 c 282 § 8.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.090 - Renewal of registration—Financial reports—Application for a successor.

RCW 21.20.090
Renewal of registration—Financial reports—Application for a successor.
Registration of a broker-dealer, salesperson, investment adviser representative, or investment adviser may be renewed by filing with the director or his or her authorized agent prior to the expiration thereof an application containing such information as the director may require to indicate any material change in the information contained in the original application or any renewal application for registration as a broker-dealer, salesperson, investment adviser representative, or investment adviser filed with the director or his or her authorized agent by the applicant, payment of the prescribed fee, and, in the case of a broker-dealer or investment adviser such financial reports as the director may prescribe by rule or otherwise. The reporting requirements so prescribed for a broker-dealer may not exceed the limitations provided in section 15 of the Securities Exchange Act of 1934. A registered broker-dealer or investment adviser may file an application for registration of a successor, and the director may at his or her discretion grant or deny the application.
[ 1998 c 15 § 8; 1995 c 46 § 2; 1994 c 256 § 9; 1981 c 272 § 4; 1979 ex.s. c 68 § 6; 1975 1st ex.s. c 84 § 6; 1961 c 37 § 3; 1959 c 282 § 9.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.100 - Accounts, correspondence, memoranda, papers, books, and other records—Release of information—Correction of filed document—Examination.

RCW 21.20.100
Accounts, correspondence, memoranda, papers, books, and other records—Release of information—Correction of filed document—Examination.
(1) Every registered broker-dealer and investment adviser shall make and keep such accounts, correspondence, memoranda, papers, books, and other records, except with respect to securities exempt under RCW 21.20.310(1), which books and other records shall be prescribed by the director by rule or otherwise. The recordmaking and recordkeeping requirements prescribed for a broker-dealer shall not exceed the limitations provided in section 15 of the Securities Exchange Act of 1934. The recordmaking and recordkeeping requirements prescribed for a registered investment adviser shall not exceed the limitations provided in section 222 of the Investment Advisers Act of 1940. All records required to be made and kept by a registered investment adviser shall be preserved for such a period as the director prescribes by rule or otherwise.
(2) With respect to investment advisers, the director may require that certain information be furnished or disseminated as necessary or appropriate in the public interest or for the protection of investors and advisory clients.
(3) If the information contained in any document filed with the director is or becomes inaccurate or incomplete in any material respect, the registrant shall promptly file a correcting amendment unless notification of the correction has been given under RCW 21.20.090.
(4) All the records of a registered broker-dealer or investment adviser are subject at any time or from time to time to such reasonable periodic, special or other examinations by representatives of the director, within or without this state, as the director deems necessary or appropriate in the public interest or for the protection of investors.
[ 1998 c 15 § 9; 1959 c 282 § 10.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.120 - Denial, suspension, revocation of registration—Order—Request for, notice of hearing—Findings and conclusions.

RCW 21.20.120
Denial, suspension, revocation of registration—Order—Request for, notice of hearing—Findings and conclusions.
Upon the entry of an order under RCW 21.20.110, the director shall promptly notify the applicant or registrant, as well as the employer or prospective employer if the applicant or registrant is a salesperson or investment adviser representative, that it has been entered and of the reasons therefor and that if requested by the applicant or registrant within twenty days after the receipt of the director's notification the matter will be promptly set down for hearing. If no hearing is requested and none is ordered by the director, 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 hearing, may modify or vacate the order or extend it until final determination. No order may be entered under RCW 21.20.110 denying or revoking registration without appropriate prior notice to the applicant or registrant (as well as the employer or prospective employer if the applicant or registrant is a salesperson or an investment adviser representative), opportunity for hearing, and written findings of fact and conclusions of law.
[ 2016 c 61 § 3; 1994 c 256 § 11; 1979 ex.s. c 68 § 8; 1975 1st ex.s. c 84 § 8; 1959 c 282 § 12.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.130 - Cancellation of registration or application—Grounds.

RCW 21.20.130
Cancellation of registration or application—Grounds.
If the director finds that any registrant or applicant for registration is no longer in existence or has ceased to do business as a broker-dealer, investment adviser, investment adviser representative, or salesperson, or is subject to an adjudication of mental incompetence or to the control of a committee, conservator, or guardian, or cannot be located after reasonable search, the director may by order cancel the registration or application.
[ 1994 c 256 § 12; 1979 ex.s. c 68 § 9; 1975 1st ex.s. c 84 § 9; 1959 c 282 § 13.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.135 - License as salesperson or broker-dealer prerequisite to suit for commission.

RCW 21.20.135
License as salesperson or broker-dealer prerequisite to suit for commission.
No suit or action shall be brought for the collection of a commission for the sale of a security, as defined within this chapter without alleging and proving that the plaintiff was a duly licensed salesperson for an issuer or a broker-dealer, or exempt under the provisions of RCW 21.20.040, or a duly licensed broker-dealer in this state or another state at the time the alleged cause of action arose.
[ 1979 ex.s. c 68 § 10; 1974 ex.s. c 77 § 3; 1961 c 37 § 10.]
NOTES:
Effective date—1974 ex.s. c 77: See note following RCW 21.20.040.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.140 - Unlawful to offer or sell unregistered securities—Exceptions.

RCW 21.20.140
Unlawful to offer or sell unregistered securities—Exceptions.
It is unlawful for any person to offer or sell any security in this state unless: (1) The security is registered by coordination or qualification under this chapter; (2) the security or transaction is exempted under RCW 21.20.310, 21.20.320, or 21.20.880; or (3) the security is a federal covered security, and, if required, the filing is made and a fee is paid in accordance with RCW 21.20.327.
[ 2016 c 61 § 4; 1998 c 15 § 11; 1975 1st ex.s. c 84 § 10; 1959 c 282 § 14.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.180 - Registration by coordination—Requirements—Statement, contents.

RCW 21.20.180
Registration by coordination—Requirements—Statement, contents.
Any security for which a registration statement has been filed under the securities act of 1933 or any securities for which filings have been made pursuant to regulation A pursuant to subsection (b) of Sec. 3 of the securities act in connection with the same offering may be registered by coordination. A registration statement under this section shall contain the following information and be accompanied by the following documents, in addition to payment of the registration fee prescribed in RCW 21.20.340 and, if required under RCW 21.20.330, a consent to service of process meeting the requirements of that section:
(1) One copy of the prospectus, offering circular and/or letters of notification, filed under the securities act of 1933 together with all amendments thereto;
(2) The amount of securities to be offered in this state;
(3) The states in which a registration statement or similar document in connection with the offering has been or is expected to be filed;
(4) Any adverse order, judgment or decree previously entered in connection with the offering by any court or the securities and exchange commission;
(5) If the director, by rule or otherwise, requires a copy of the articles of incorporation and bylaws (or their substantial equivalents) currently in effect, a copy of any agreements with or among underwriters, a copy of any indenture or other instrument governing the issuance of the security to be registered, and a specimen or copy of the security;
(6) If the director requests, any other information, or copies of any other documents, filed under the securities act of 1933;
(7) An undertaking to forward promptly all amendments to the federal registration statement, offering circular and/or letters of notification, other than an amendment which merely delays the effective date; and
(8) If the aggregate sales price of the offering exceeds one million dollars, audited financial statements and other financial information prepared as to form and content under rules adopted by the director.
[ 1994 c 256 § 13; 1979 ex.s. c 68 § 11; 1961 c 37 § 4; 1959 c 282 § 18.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.190 - Time of taking effect of registration statement by coordination—Conditions—"Price amendment", notification.

RCW 21.20.190
Time of taking effect of registration statement by coordination—Conditions—"Price amendment", notification.
A registration statement by coordination under RCW 21.20.180 automatically becomes effective at the moment the federal registration statement or other filing becomes effective if all the following conditions are satisfied:
(1) No stop order is in effect and no proceeding is pending under RCW 21.20.280 and 21.20.300;
(2) The registration statement has been on file with the director for at least ten full business days; and
(3) A statement of the maximum and minimum proposed offering prices and the maximum underwriting discounts and commissions has been on file for two full business days or such shorter period as the director permits by rule or otherwise and the offering is made within those limitations. The registrant shall promptly notify the director or such person as the director may by rule or order designate by facsimile, electronic transmission, or telegram of the date and time when the federal registration statement or other filing became effective and the content of the price amendment, if any, and shall promptly file a post-effective amendment containing the information and documents in the price amendment. "Price amendment" means the final federal amendment which includes a statement of the offering price, underwriting and selling discounts or commissions, amount of proceeds, conversion rates, call prices, and other matters dependent upon the offering price.
[ 1994 c 256 § 14; 1961 c 37 § 5; 1959 c 282 § 19.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.200 - Failure to notify of price amendment, proof of compliance—Stop order—Waiver of certain conditions.

RCW 21.20.200
Failure to notify of price amendment, proof of compliance—Stop order—Waiver of certain conditions.
Upon failure to receive the required notification and post-effective amendment with respect to the price amendment referred to in RCW 21.20.190, the director may enter a stop order, without notice of hearing, retroactively denying effectiveness to the registration statement or suspending its effectiveness until compliance with RCW 21.20.190, if the director promptly notified the registrant by telephone, facsimile, or electronic transmission (and promptly confirms by letter or facsimile when the director notifies by telephone) of the issuance of the order. If the registrant proves compliance with the requirements as to notice and post-effective amendment, the stop order is void as of the time of its entry. The director may by rule or otherwise waive either or both of the conditions specified in RCW 21.20.190 (2) and (3). If the federal registration statement or other filing becomes effective before all these conditions are satisfied and they are not waived, the registration statement automatically becomes effective as soon as all the conditions are satisfied. If the registrant advises the director of the date when the federal registration statement or other filing is expected to become effective the director shall promptly advise the registrant by telephone, electronic transmission, or facsimile, at the registrant's expense, whether all the conditions are satisfied and whether the director then contemplates the institution of a proceeding under RCW 21.20.280 and 21.20.300; but this advice by the director does not preclude the institution of such a proceeding at any time.
[ 1994 c 256 § 15; 1979 ex.s. c 68 § 12; 1959 c 282 § 20.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.220 - Information not required when nonissuer distribution.

RCW 21.20.220
Information not required when nonissuer distribution.
In the case of a nonissuer distribution, information may not be required under RCW 21.20.210 unless it is known to the person filing the registration statement or to the persons on whose behalf the distribution is to be made, or can be furnished by them without unreasonable effort or expense.
[ 1959 c 282 § 22.]
2023 Revised Code of Washington › Title 21 - Securities and Investments › Chapter 21.20 - Securities Act of Washington. › 21.20.230 - Time of taking effect of registration statement by qualification—Conditions.

RCW 21.20.230
Time of taking effect of registration statement by qualification—Conditions.
A registration statement by qualification under RCW 21.20.210 becomes effective if no stop order is in effect and no proceeding is pending under RCW 21.20.280 and 21.20.300, at three o'clock Pacific standard time in the afternoon of the fifteenth full business day after the filing of the registration statement or the last amendment, or at such earlier time as the director determines. The director may require as a condition of registration under this section that a prospectus containing any information necessary for complete disclosure of any material fact relating to the security offering be sent or given to each person to whom an offer is made before or concurrently with (1) the first written offer made to him or her (other than by means of a public advertisement) by or for the account of the issuer or any other person on whose behalf the offering is being made, or by any underwriter or broker-dealer who is offering part of an unsold allotment or subscription taken by him or her as a participant in the distribution, (2) the confirmation of any sale made by or for the account of any such person, (3) payment pursuant to any such sale, or (4) delivery of the security pursuant to any such sale, whichever first occurs; but the director may accept for use under any such requirement a current prospectus or offering circular regarding the same securities filed under the Securities Act of 1933 or regulations thereunder.
[ 1979 ex.s. c 68 § 14; 1975 1st ex.s. c 84 § 11; 1974 ex.s. c 77 § 4; 1961 c 37 § 6; 1959 c 282 § 23.]
NOTES:
Effective date—1974 ex.s. c 77: See note following RCW 21.20.040.
2023 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.]
2023 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.]
2023 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.