Chapter 18.44 RCW

ESCROW AGENT REGISTRATION ACT

Sections
DEFINITIONS
Definitions.
LICENSING
License requiredExceptions.
Multistate licensing systemDirector's discretion.
LicenseApplication, requisites.
Branch officesApplication to establishRequirements.
Branch officesIssuance of license.
Change in business location, office location, business nameWritten notice required.
Escrow officer required for handling transactionsResponsibility of designated escrow officerBranch escrow officers.
Escrow officer's licenseApplicationFormTimely filingProof of moral character, etc.
LicenseFeesRenewal.
LicenseRetention and display by agentTerminationInactive licenses.
LicensesForm and sizeContents.
Fees.
Certificate of registration suspensionNoncompliance with support orderReissuance.
License applicationIssuance.
LicenseDurationPosting.
LicenseExpiration and renewalFee.
LicenseReinstatement.
Engaging in business without licensePenalty.
Proof of licensure prerequisite to action for fee.
DirectorEducational conferencesExaminations.
Examination.
BONDING
Financial responsibilityFidelity bondErrors and omissions policySurety bond.
Cancellation of fidelity bond or surety bond, or bothNew bond required.
Waiver of bond or policy where not reasonably availableDetermination procedureWaiver period.
Corporation for insuring where bond or policy not reasonably available.
Waiver of errors and omissions policy requirementCriteria.
WaiverAffidavit.
WaiverDetermination.
Application of administrative procedure act.
WaiverCertificate of waiver.
WaiverDenial.
WaiverApplication by escrow license applicant.
PROHIBITED PRACTICES
Prohibited practices.
Financial interest in an escrow agentProhibited practices.
Prohibited employment practices.
ENFORCEMENT
Records and accountsSegregation and disbursements of fundsViolation of section, penalties.
Powers of director.
Informal settlement of complaints or enforcement actions.
Investigation of violationsProcedurePowers of director.
Subpoena authorityApplicationContentsNoticeFees.
Actions against licenseGrounds.
ViolationsCease and desist orders.
Referral fees prohibitedConsumer protection actApplication.
Possession of property and businessGrounds for director's authority.
Possession of property and businessScope of director's authority.
License suspensionNonpayment or default on educational loan or scholarship.
Termination of licenseEffect upon preexisting escrowsNotice to principals.
Receivership.
RemediesAffecting corporate franchise.
Authority to prosecuteGrants of injunctive relief, temporary restraining orders.
ESCROW ADVISORY COMMITTEE
Committee to advise directorMembersCompensation and travel expenses.
Compensation and travel expenses of committee members.
MISCELLANEOUS
Construction1965 c 153.
Short title.
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