Revised Code of Washington
Chapter 19.230 - Uniform Money Services Act.
19.230.280 - Violations—Liability.

RCW 19.230.280
Violations—Liability.

(1) A licensee is liable for any conduct violating this chapter or rules adopted under this chapter committed by employees of the licensee.
(2) A licensee that commits willful misconduct in its supervision of its authorized delegate or willfully avoids knowledge of its authorized delegate's business activities may be subjected to administrative sanctions for any violations of this chapter or rules adopted under this chapter by the licensee's authorized delegates.
(3) The responsible individual is responsible under the license and may be subjected to administrative sanctions for any violations of this chapter or rules adopted under this chapter committed by the licensee or, if the responsible individual commits willful misconduct in supervising an authorized delegate or willfully avoids knowledge of an authorized delegate's business activities, violations committed by the licensee's authorized delegates.

[ 2003 c 287 § 30.]

Structure Revised Code of Washington

Revised Code of Washington

Title 19 - Business Regulations—Miscellaneous

Chapter 19.230 - Uniform Money Services Act.

19.230.005 - Intent.

19.230.010 - Definitions.

19.230.020 - Application of chapter—Exclusions.

19.230.030 - Money transmitter license required.

19.230.033 - Multistate licensing system—Director's discretion.

19.230.040 - Application for a money transmitter license.

19.230.050 - Money transmitters—Surety bond.

19.230.055 - Online currency exchangers—Surety bond.

19.230.060 - Tangible net worth for money transmitter.

19.230.070 - Issuance of money transmitter license.

19.230.080 - Currency exchange license required.

19.230.090 - Application for a currency exchange license.

19.230.100 - Issuance of a currency exchange license—Surrender of license.

19.230.110 - Annual assessment and annual report.

19.230.120 - Relationship between licensee and authorized delegate.

19.230.130 - Authority to conduct examinations and investigations.

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

19.230.140 - Examinations—Joint and concurrent examinations.

19.230.150 - Reports.

19.230.152 - Reports—Nationwide licensing system.

19.230.160 - Change of control.

19.230.170 - Records.

19.230.180 - Money laundering reports.

19.230.190 - Confidentiality.

19.230.200 - Maintenance of permissible investments.

19.230.210 - Types of permissible investments.

19.230.220 - Administrative proceedings.

19.230.230 - License suspension, revocation—Receivership.

19.230.233 - Informal settlement of complaints or enforcement actions.

19.230.240 - Suspension and revocation of authorized delegates.

19.230.250 - Unlicensed persons.

19.230.260 - Temporary orders to cease and desist.

19.230.270 - Consent orders.

19.230.280 - Violations—Liability.

19.230.290 - Civil penalties.

19.230.300 - Criminal penalties.

19.230.303 - Statute of limitations.

19.230.310 - Administration and rule-making powers.

19.230.320 - Fees.

19.230.330 - Money transmitter delivery, receipts, and refunds.

19.230.340 - Prohibited practices.

19.230.350 - Third-party account administrators—Licensure required—Requirements.

19.230.360 - Third-party account administrators—Record maintenance.

19.230.370 - Virtual currency licensees—Disclosures.

19.230.900 - Short title.

19.230.901 - Effective date—2003 c 287.

19.230.902 - Implementation.

19.230.903 - Uniformity of application and construction.