RCW 21.30.260
Expiration of licenses—Authority under commodity sales representative license—Notification of changes.
(1) The license of a commodity broker-dealer or commodity sales representative expires on December 31 of the year for which issued or at such other time as the administrator may by rule prescribe.
(2) The license of a commodity sales representative is only effective with respect to transactions effected as an employee or representative on behalf of the commodity broker-dealer or issuer for whom the commodity sales representative is licensed.
(3) When a commodity sales representative begins or terminates association with a commodity broker-dealer or issuer, or begins or terminates activities which make that person a commodity sales representative, the commodity sales representative and the former commodity broker-dealer or issuer on whose behalf the commodity sales representative was acting shall notify promptly the administrator or the administrator's designee.
[ 1986 c 14 § 27.]
Structure Revised Code of Washington
Title 21 - Securities and Investments
Chapter 21.30 - Commodity Transactions.
21.30.020 - Transactions involving commodity contract or option—Prohibition—Exceptions.
21.30.030 - Transactions conducted by certain persons exempt from prohibition under RCW 21.30.020.
21.30.040 - Transactions and contracts exempt from prohibition under RCW 21.30.020—Rules.
21.30.050 - Commodity merchants—Place for trading commodity contract or option—Requirements.
21.30.060 - Prohibited practices.
21.30.070 - Responsibility for acts or omissions—Liability—Burden of proof.
21.30.100 - Investigations—Statements—Publication of information.
21.30.107 - Subpoena authority—Application—Contents—Notice—Fees.
21.30.110 - Investigations—Evidence—Subpoenas—Court orders of compliance.
21.30.120 - Violations—Director's authority—Court actions—Penalties.
21.30.130 - Violations—Court-ordered remedies—Penalties—Bond by director not required.
21.30.140 - Willful violations—Penalty—Limitation on actions.
21.30.150 - No liability under chapter for act in good faith.
21.30.160 - Unlawful use or disclosure of information.
21.30.170 - Information—Availability to public—Exceptions.
21.30.180 - Cooperation with other agencies or organizations.
21.30.190 - Consent for service of process—Service, how made.
21.30.200 - Administrative proceedings—Summary order—Notice—Hearing—Final order.
21.30.210 - Application of chapter 34.05 RCW, the administrative procedure act.
21.30.220 - Pleading exemptions or exceptions—Burden of proof.
21.30.230 - Application for licensing.
21.30.250 - Examinations—Waiver.
21.30.270 - Multiple licenses, when permitted.
21.30.280 - Classification of licenses—Limitations and conditions of licenses.
21.30.290 - Annual report and fee.
21.30.300 - Minimum net capital and fidelity bond requirements.
21.30.310 - Financial and other reports.
21.30.340 - Examination of records—Copies—Fees.
21.30.350 - Denial, suspension, revocation, or limitation of license—Grounds.
21.30.360 - Violations—Prosecuting attorney may bring criminal proceedings.
21.30.370 - Penalties in chapter nonexclusive.
21.30.380 - Administration of chapter under director of financial institutions.
21.30.390 - Administrator—Appointment—Delegation of duties—Term.
21.30.400 - Director's powers and duties—Rules, forms, and orders—Fees.
21.30.800 - Securities laws not affected.