Revised Code of Washington
Chapter 19.110 - Business Opportunity Fraud Act.
19.110.120 - Unlawful acts.

RCW 19.110.120
Unlawful acts.

(1) It is unlawful for any person to:
(a) Make any untrue or misleading statement of a material fact or to omit to state a material fact in connection with the offer, sale, or lease of any business opportunity in the state; or
(b) Employ any device, scheme, or artifice to defraud; or
(c) Engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person; or
(d) Knowingly file or cause to be filed with the director any document which contains any untrue or misleading information; or
(e) Knowingly violate any rule or order of the director.
(2) A violation of this section is a class B felony punishable according to chapter 9A.20 RCW.

[ 2003 c 53 § 154; 1981 c 155 § 12.]
NOTES:

Intent—Effective date—2003 c 53: See notes following RCW 2.48.180.

Structure Revised Code of Washington

Revised Code of Washington

Title 19 - Business Regulations—Miscellaneous

Chapter 19.110 - Business Opportunity Fraud Act.

19.110.010 - Legislative declaration.

19.110.020 - Definitions.

19.110.030 - Sale or lease of business opportunity—Offer to sell or lease business opportunity—Occurrence in Washington.

19.110.040 - Application of chapter.

19.110.050 - Persons proposing to sell or lease business opportunity—Registration required—Application—Renewal—Denial, suspension, or revocation of registration.

19.110.060 - Registration fees.

19.110.070 - Disclosure document required—Contents.

19.110.075 - Business opportunity fraud—Penalties.

19.110.080 - Disclosure document—Director authorized to accept alternative.

19.110.090 - Persons proposing to sell or lease business opportunity—Service of process.

19.110.100 - Seller to provide surety bond or trust account—Action by state or injured person—Damages.

19.110.110 - Business opportunity contract—Content—Cancellation period.

19.110.120 - Unlawful acts.

19.110.130 - Liability of seller for violation of chapter—Remedies—Damages.

19.110.140 - Director authorized to investigate violations—Authority to subpoena witnesses or require production of documents.

19.110.143 - Subpoena authority—Application—Contents—Notice—Fees.

19.110.150 - Order to cease and desist—Hearing—Notice.

19.110.160 - Actions by attorney general or prosecuting attorney to enjoin violations—Injunction—Appointment of receiver or conservator—Civil penalties.

19.110.170 - Violations constitute unfair practice.

19.110.180 - Authority of director to issue rules, forms, orders, interpretive opinions.

19.110.190 - Appointment of administrator—Delegation of powers.

19.110.900 - Chapter cumulative and nonexclusive.

19.110.910 - Short title.

19.110.930 - Effective date—1981 c 155.