Revised Code of Washington
Chapter 21.20 - Securities Act of Washington.
21.20.080 - Duration of registration—Association with issuer, broker-dealer, federal covered adviser, or investment adviser—Notice to director—Extension of licensing period.

RCW 21.20.080
Duration of registration—Association with issuer, broker-dealer, federal covered adviser, or investment adviser—Notice to director—Extension of licensing period.

Registration of a broker-dealer, salesperson, investment adviser representative, or investment adviser shall be effective for a one-year period unless the director by rule or order provides otherwise. The director by rule or order may schedule registration or renewal so that all registrations and renewals expire December 31st. The director may adjust the fee for registration or renewal proportionately. The registration of a salesperson or investment adviser representative is not effective during any period when the salesperson is not employed by or associated with an issuer or a registered broker-dealer or when the investment adviser representative is not employed by or associated with an investment adviser registered under this chapter or a federal covered adviser who has made a notice filing pursuant to RCW 21.20.050. To be employed by or associated with an issuer, broker-dealer, federal covered adviser, or investment adviser within the meaning of this section notice, either in writing or in some other format as the director may by rule or otherwise specify, must be given to the director. When a salesperson begins or terminates employment or association with an issuer or registered broker-dealer, the salesperson and the issuer or broker-dealer shall promptly notify the director. When an investment adviser representative registered under this chapter begins or terminates employment or association with an investment adviser registered under this chapter or a federal covered adviser required to make a notice filing pursuant to RCW 21.20.050, the investment adviser representative and investment adviser or federal covered adviser shall promptly notify the director.
Notwithstanding any provision of law to the contrary, the director may, from time to time, extend the duration of a licensing period for the purpose of staggering renewal periods. Such extension of a licensing period shall be by rule adopted in accordance with the provisions of chapter 34.05 RCW. Such rules may provide a method for imposing and collecting such additional proportional fee as may be required for the extended period.

[ 1998 c 15 § 7; 1994 c 256 § 8; 1981 c 272 § 3; 1979 ex.s. c 68 § 5; 1975 1st ex.s. c 84 § 5; 1959 c 282 § 8.]
NOTES:

Findings—Construction—1994 c 256: See RCW 43.320.007.

Structure Revised Code of Washington

Revised Code of Washington

Title 21 - Securities and Investments

Chapter 21.20 - Securities Act of Washington.

21.20.005 - Definitions.

21.20.010 - Unlawful offers, sales, purchases.

21.20.020 - Unlawful acts of person advising another.

21.20.030 - Unlawful acts of investment adviser.

21.20.035 - Unlawful purchases or sales for customer's account.

21.20.037 - Variable contracts—Registration required—Rules.

21.20.040 - Registration and notification required—Exemptions.

21.20.050 - Application for registration—Filing of documents—Consent to service of process—Fee.

21.20.060 - Contents of application for registration—Capital requirements.

21.20.070 - When registration effective—Requirements determined by rule.

21.20.080 - Duration of registration—Association with issuer, broker-dealer, federal covered adviser, or investment adviser—Notice to director—Extension of licensing period.

21.20.090 - Renewal of registration—Financial reports—Application for a successor.

21.20.100 - Accounts, correspondence, memoranda, papers, books, and other records—Release of information—Correction of filed document—Examination.

21.20.110 - Director may deny, suspend, revoke, restrict, condition, or limit any application or registration—Director may censure or fine registrant—Grounds—Procedures—Costs—Accounting.

21.20.120 - Denial, suspension, revocation of registration—Order—Request for, notice of hearing—Findings and conclusions.

21.20.130 - Cancellation of registration or application—Grounds.

21.20.135 - License as salesperson or broker-dealer prerequisite to suit for commission.

21.20.140 - Unlawful to offer or sell unregistered securities—Exceptions.

21.20.180 - Registration by coordination—Requirements—Statement, contents.

21.20.190 - Time of taking effect of registration statement by coordination—Conditions—"Price amendment", notification.

21.20.200 - Failure to notify of price amendment, proof of compliance—Stop order—Waiver of certain conditions.

21.20.210 - Registration by qualification—Statements—Requirements—Audits.

21.20.220 - Information not required when nonissuer distribution.

21.20.230 - Time of taking effect of registration statement by qualification—Conditions.

21.20.240 - Registration statements—Generally.

21.20.250 - Registration by qualification or coordination—Escrow—Impounding proceeds.

21.20.260 - Registration by coordination or qualification—Offer and sale—Duration of effectiveness.

21.20.270 - Reports by filer of statement—Annual financial statements.

21.20.275 - Pending registration—Notice of termination—Application for continuation.

21.20.280 - Stop orders—Grounds.

21.20.290 - Stop order prohibited if facts known on effective date of statement.

21.20.300 - Notification of entry of stop order—Hearing—Findings, conclusions, modification, etc.

21.20.310 - Securities exempt from registration.

21.20.320 - Exempt transactions.

21.20.325 - Denial, revocation, condition, of exemptions—Authority—Procedure.

21.20.327 - Required filings—Consent to service—Failure to comply—Rules—Fees.

21.20.330 - Consent to service of process—Service, how made.

21.20.340 - Fees—Disposition.

21.20.350 - False or misleading statements in filed documents.

21.20.360 - Filing, registration, statement, exemption not conclusive as to truth or completeness—Unlawful representations.

21.20.370 - Investigations—Statement of facts relating to investigation may be permitted—Publication of information—Use of criminal history record information.

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

21.20.380 - Oaths—Subpoenas—Assisting another state—Compelling obedience—Punishment.

21.20.390 - Injunction, cease and desist order, restraining order, mandamus—Appointment of receiver or conservator for insolvent—Restitution or damages—Costs—Accounting.

21.20.395 - Administrative action—Hearing—Judicial review—Judgment.

21.20.400 - Penalty for violation of chapter—Limitation of actions.

21.20.410 - Attorney general, prosecuting attorney may institute criminal proceeding—Referral of evidence by director.

21.20.420 - Criminal punishment, chapter not exclusive.

21.20.430 - Civil liabilities—Survival, limitation of actions—Waiver of chapter void—Scienter.

21.20.435 - Assurance of discontinuance of violations—Acceptance—Filing.

21.20.440 - Judicial review of order—Modification of order by director on additional evidence.

21.20.450 - Administration of chapter—Rules and forms, publication—Cooperation with other state and federal authorities.

21.20.460 - Administrator of securities—Appointment, qualifications, term, etc.

21.20.470 - Compensation, travel expenses of administrator and employees.

21.20.480 - Unlawful use or disclosure of filed information.

21.20.490 - No liability under chapter for act in good faith.

21.20.500 - Administrative hearings public—Exception.

21.20.510 - Document filed when received—Register—Inspection of register, information, etc.

21.20.520 - Copies of entries, documents to be furnished—Copies as prima facie evidence.

21.20.530 - Interpretative opinions by director.

21.20.540 - Exemptions, exceptions, and preemptions—Burden of proof.

21.20.700 - Investigations and examinations—Additional authority—Scope.

21.20.702 - Suitability of recommendation—Reasonable grounds required.

21.20.810 - Application of chapter not limited.

21.20.855 - Examination reports and information—Exempt from public disclosure—Use in civil actions.

21.20.860 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.

21.20.880 - Small securities offerings—Exemptions—Annual reports—Disqualification provisions—Rules.

21.20.900 - Construction to secure uniformity.

21.20.910 - Saving—Civil, criminal proceedings.

21.20.915 - Saving—Prior effective registrations.

21.20.920 - Application of prior law.

21.20.925 - Judicial review of prior administrative orders.

21.20.930 - Solicitation permits under insurance laws not limited.

21.20.935 - Repealer.

21.20.940 - Short title.