Chapter 460-32A WAC

Last Update: 8/26/98

REAL ESTATE RELATED SECURITIES PROGRAMS

WAC Sections

460-32A-400Sales in condominiums or units in real estate development.
DISPOSITION OF SECTIONS FORMERLY CODIFIED IN THIS TITLE
460-32A-010Application. [Statutory Authority: RCW 21.20.450. WSR 83-23-087 (Order SDO-215-83), § 460-32A-010, filed 11/21/83; Order 304, § 460-32A-010, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-015Net worth requirement of sponsor. [Order 304, § 460-32A-015, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-020Fees, compensation and expenses to be reasonable. [Order 304, § 460-32A-020, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-025Compensation for acquisition services. [Order 304, § 460-32A-025, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-030Program management fee (defined in WAC 460-10A-145). [Order 304, § 460-32A-030, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-031Expenses paid to third parties. [Order 304, § 460-32A-031, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-035Subordinated promotional interests. [Order 304, § 460-32A-035, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-045Sales, leases and loans. [Order 304, § 460-32A-045, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-050Exchange of limited partnership interest. [Order 304, § 460-32A-050, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-055Exclusive agreement. [Order 304, § 460-32A-055, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-057Commissions on resale of property. [Order SD-131-77, § 460-32A-057, filed 11/23/77.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-060Commissions on reinvestment. [Order 304, § 460-32A-060, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-065Services rendered to the program by the sponsor. [Order 304, § 460-32A-065, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-070Rebates, kickbacks and reciprocal arrangements. [Order 304, § 460-32A-070, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-075Commingling of funds. [Order 304, § 460-32A-075, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-080Expenses of program. [Order 304, § 460-32A-080, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-085Investments in other programs. [Order 304, § 460-32A-085, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-090Lending practices. [Order 304, § 460-32A-090, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-095Development or construction contracts. [Order 304, § 460-32A-095, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-100Performance bond requirement. [Order 304, § 460-32A-100, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-105Requirement for real property appraisal. [Order 304, § 460-32A-105, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-145Rights and obligations of participants meetings. [Order 304, § 460-32A-145, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-150Voting rights of limited partners. [Order 304, § 460-32A-150, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-155Outsider replacement of general partner. [Order 304, § 460-32A-155, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-160Reports to holders of limited partnership interests. [Order 304, § 460-32A-160, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-165Access to records. [Order 304, § 460-32A-165, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-170Redemption of program interests. [Order 304, § 460-32A-170, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-175Assessability. [Order 304, § 460-32A-175, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-180Defaults. [Order 304, § 460-32A-180, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-185Sales promotional efforts. [Order 304, § 460-32A-185, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-195Contents of prospectus. [Order 304, § 460-32A-195, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-196Track records. [Order 304, § 460-32A-196, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-200Projections. [Order 304, § 460-32A-200, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-205Fiduciary duty. [Order 304, § 460-32A-205, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-210Deferred payments. [Order 304, § 460-32A-210, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-215Reserves. [Order 304, § 460-32A-215, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-220Reinvestment of cash flow and proceeds on disposition of property. [Order 304, § 460-32A-220, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-225Nonspecified property programs. [Order 304, § 460-32A-225, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-235Statement of investment objectives. [Statutory Authority: RCW 21.20.450. WSR 80-04-037 (Order SDO-37-80), § 460-32A-235, filed 3/19/80; Order 304, § 460-32A-235, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-240Period of offering and expenditure of proceeds. [Order 304, § 460-32A-240, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-245Special reports. [Order 304, § 460-32A-245, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-250Assessments. [Order 304, § 460-32A-250, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-255Multiple programs. [Order 304, § 460-32A-255, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 93-01-075, filed 12/14/92, effective 1/14/93. Statutory Authority: RCW 21.20.450.
460-32A-300Oil and gas programs. [Statutory Authority: RCW 21.20.450. WSR 79-09-028 (Order SD-57-79), § 460-32A-300, filed 8/14/79; Order 304, § 460-32A-300, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 83-23-087 (Order SDO-215-83), filed 11/21/83. Statutory Authority: RCW 21.20.450.
460-32A-305Records and payment of proceeds. [Order 304, § 460-32A-305, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 79-09-028 (Order SD-57-79), filed 8/14/79. Statutory Authority: RCW 21.20.450.
460-32A-310Oil and gas interests other than working interests. [Order 304, § 460-32A-310, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 79-09-028 (Order SD-57-79), filed 8/14/79. Statutory Authority: RCW 21.20.450.
460-32A-315Title. [Order 304, § 460-32A-315, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 83-23-087 (Order SDO-215-83), filed 11/21/83. Statutory Authority: RCW 21.20.450.
460-32A-320Regulation B filings. [Order 304, § 460-32A-320, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 83-23-087 (Order SDO-215-83), filed 11/21/83. Statutory Authority: RCW 21.20.450.
460-32A-325Funds to be held in trust. [Order 304, § 460-32A-325, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.] Repealed by WSR 83-23-087 (Order SDO-215-83), filed 11/21/83. Statutory Authority: RCW 21.20.450.


460-32A-400
Sales in condominiums or units in real estate development.

The Washington Securities Act provides that its interpretation and administration be coordinated with related federal regulations. In light of such policy and due to the relevance and importance of the Securities and Exchange Commission Securities Act Release No. 5347, the division of securities hereby adopts Securities and Exchange Commission Securities Act Release No. 5347.
[Statutory Authority: RCW 21.20.450. WSR 98-18-033, § 460-32A-400, filed 8/26/98, effective 9/26/98; Order 304, § 460-32A-400, filed 2/28/75, effective 4/1/75. Formerly chapter 460-32 WAC.]