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Code · Washington · Title 31 — Miscellaneous Loan Agencies · Chapter 31.45

RCW 31.45.160

111 words·~1 min read·/wa/title-31/chapter-31-45/31-45-160·

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

Whenever the director has taken possession of the property and business of a licensee, the director may petition the superior court for the appointment of a receiver to liquidate the affairs of the licensee. During the time that the director retains possession of the property and business of a licensee, the director has the same powers and authority with reference to the licensee as is vested in the director under chapter 31.04 RCW, and the licensee has the same rights to hearings and judicial review as are granted under chapter 31.04 RCW.
[ 1997 c 101 s 4 ; 1994 c 92 s 288 ; 1991 c 355 s 16 .]
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