Washington Statutes
§ 21.20.135 — License as salesperson or broker-dealer prerequisite to suit for commission.
Washington § 21.20.135
This text of Washington § 21.20.135 (License as salesperson or broker-dealer prerequisite to suit for commission.) 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 § 21.20.135 (2026).
Text
No suit or action shall be brought for the collection of a commission for the sale of a security, as defined within this chapter without alleging and proving that the plaintiff was a duly licensed salesperson for an issuer or a broker-dealer, or exempt under the provisions of RCW 21.20.040 , or a duly licensed broker-dealer in this state or another state at the time the alleged cause of action arose.
Effective date — 1974 ex.s. c 77: See note following RCW 21.20.040 .
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Related
§ 21.20.040
Washington § 21.20.040
Legislative History
[1979 ex.s. c 68 s 10;1974 ex.s. c 77 s 3;1961 c 37 s 10.]
Nearby Sections
15
§ 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.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 21.20.135, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/21.20.135.