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Washington Administrative Code (Last Updated: November 23, 2016) |
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Title 308. Licensing, Department of (See also Titles 36, 98 and 196) |
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Chapter 308-90. Vessel dealer registration. |
Section 308-90-120. Trust account.
Latest version.
- (1) The deposit trust account required by RCW 88.02.220 must be established and maintained within Washington state.(2) The dealer's separate trust account cannot accrue interest.(3) Any fees assessed by the depository against the trust account shall not be paid from purchasers trust funds.[Statutory Authority: RCW 88.02.100. WSR 07-03-120, § 308-90-120, filed 1/22/07, effective 2/22/07. Statutory Authority: 1987 c 149 § 1. WSR 88-03-038 (Order DLR-162), § 308-90-120, filed 1/19/88.]
RCW 88.02.100. WSR 07-03-120, § 308-90-120, filed 1/22/07, effective 2/22/07. Statutory Authority: 1987 c 149 § 1. WSR 88-03-038 (Order DLR-162), § 308-90-120, filed 1/19/88.