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Code · Washington · Title 18 — Businesses and Professions · Chapter 18.44

RCW 18.44.311

111 words·~1 min read·/wa/title-18/chapter-18-44/18-44-311·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A licensed escrow agent may not directly or indirectly employ a person who will be handling escrow transactions who has been convicted of, or pled guilty or nolo contrendre to, a felony or a gross misdemeanor involving dishonesty within the last seven years.
(2)A licensed escrow agent may not directly or indirectly employ a person who receives money for trust accounts, disburses funds, or acts as a signatory on trust accounts if the person has shown a disregard in the management of his or her financial condition in the last three years.
(3)The director may adopt rules to implement this section.
[ 2010 c 34 s 4 .]
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