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Code · Washington · Title 21 — Securities and Investments · Chapter 21.30

RCW 21.30.260

135 words·~1 min read·/wa/title-21/chapter-21-30/21-30-260

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

(1)The license of a commodity broker-dealer or commodity sales representative expires on December 31 of the year for which issued or at such other time as the administrator may by rule prescribe.
(2)The license of a commodity sales representative is only effective with respect to transactions effected as an employee or representative on behalf of the commodity broker-dealer or issuer for whom the commodity sales representative is licensed.
(3)When a commodity sales representative begins or terminates association with a commodity broker-dealer or issuer, or begins or terminates activities which make that person a commodity sales representative, the commodity sales representative and the former commodity broker-dealer or issuer on whose behalf the commodity sales representative was acting shall notify promptly the administrator or the administrator's designee.
[ 1986 c 14 s 27 .]
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