Washington Statutes

§ 18.44.465 — Termination of license—Effect upon preexisting escrows—Notice to principals.

Washington § 18.44.465
JurisdictionWashington
Title 18BUSINESSES AND PROFESSIONS
Ch. 18.44ESCROW AGENT REGISTRATION ACT

This text of Washington § 18.44.465 (Termination of license—Effect upon preexisting escrows—Notice to principals.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wash. Rev. Code § 18.44.465 (2026).

Text

The revocation, suspension, surrender, or expiration of an escrow agent's license shall not impair or affect preexisting escrows accepted by the agent prior to such revocation, suspension, surrender, or expiration: PROVIDED, That the escrow agent shall within five workdays provide written notice to all principals of such preexisting escrows of the agent's loss of license. The notice shall include as a minimum the reason for the loss of license, the estimated date for completing the escrow, and the condition of the agent's bond and whether it is in effect or whether notice of cancellation has been given. The notice shall afford the principals the right to withdraw the escrow without monetary loss.

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Legislative History

[1999 c 30 s 16;1977 ex.s. c 156 s 9;1965 c 153 s 13. Formerly RCW18.44.130.]

Nearby Sections

15
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Bluebook (online)
Washington § 18.44.465, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/18.44.465.