RCW 21.20.135
106 words·~1 min read·
/wa/title-21/chapter-21-20/21-20-135A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 s 10 ; 1974 ex.s. c 77 s 3 ; 1961 c 37 s 10 .]
Notes:
Effective date — 1974 ex.s. c 77: See note following RCW 21.20.040 .