Chapter 19.110 RCW
Legislative declaration.
Sale or lease of business opportunityOffer to sell or lease business opportunityOccurrence in Washington.
Application of chapter.
Persons proposing to sell or lease business opportunityRegistration requiredApplicationRenewalDenial, suspension, or revocation of registration.
Registration fees.
Disclosure document requiredContents.
Business opportunity fraudPenalties.
Disclosure documentDirector authorized to accept alternative.
Persons proposing to sell or lease business opportunityService of process.
Seller to provide surety bond or trust accountAction by state or injured personDamages.
Business opportunity contractContentCancellation period.
Unlawful acts.
Liability of seller for violation of chapterRemediesDamages.
Director authorized to investigate violationsAuthority to subpoena witnesses or require production of documents.
Subpoena authorityApplicationContentsNoticeFees.
Order to cease and desistHearingNotice.
Actions by attorney general or prosecuting attorney to enjoin violationsInjunctionAppointment of receiver or conservatorCivil penalties.
Violations constitute unfair practice.
Authority of director to issue rules, forms, orders, interpretive opinions.
Appointment of administratorDelegation of powers.
Chapter cumulative and nonexclusive.
Short title.
Effective date1981 c 155.
Reviser's note: Powers, duties, and functions of the department of licensing relating to business opportunities were transferred to the department of financial institutions by 1993 c 472, effective October 1, 1993. See RCW 43.320.011.
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