Washington Administrative Code (Last Updated: November 23, 2016) |
Title 208. Financial Institutions, Department of (See Titles 50, 419, and 460) |
Chapter 208-680. Escrow Agent Registration Act. |
Section 208-680-630. What are the department's enforcement powers under the act?
Latest version.
- The department may conduct enforcement activities that include, but are not limited to:(1) Enter orders, including temporary orders to cease and desist, compelling any person to cease and desist from an unlawful practice, and to take such affirmative action as in the judgment of the department will carry out the purposes of this chapter;(3) Bring an action, with or without prior administrative proceedings, in the superior court to enjoin conduct or to enforce compliance with chapter 18.44 RCW, or any rule, regulation, or order of the department;(4) Appoint a receiver or conservator to take over, operate, or liquidate any licensed escrow agent;(5) Hold hearings;(6) Make referrals to other regulatory or law enforcement agencies; or(7) Under specific circumstances, take possession of the property and escrow business of a licensed escrow agent. See WAC 208-680-645.[Statutory Authority: RCW 43.320.040 and 18.44.410. WSR 13-24-022, § 208-680-630, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040 and chapter 18.44 RCW (as amended by 2010 c 34). WSR 10-20-124, § 208-680-630, filed 10/5/10, effective 11/5/10.]
RCW 43.320.040 and 18.44.410. WSR 13-24-022, § 208-680-630, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040 and chapter 18.44 RCW (as amended by 2010 c 34). WSR 10-20-124, § 208-680-630, filed 10/5/10, effective 11/5/10.
Rules
208-680,208-680-645,