RCW 30B.38.040
125 words·~1 min read·
/wa/title-30b/chapter-30b-38/30b-38-040·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The director must, within sixty days after receiving a complete written application under RCW 30B.38.030 , including any waiver request, notify the home state regulator and the out-of-state trust institution of the director's approval or denial of the written application or waiver request, including any other conditions for approval that the director may require.
(2)The sixty-day period of review may be extended by the director on a determination that the written notice raises issues that require additional information or additional time for analysis. If the period of review is extended, the out-of-state trust institution may engage in trust business in Washington state only on prior written approval by the director.
[ 2019 c 389 s 50 ; 2014 c 37 s 370 .]