61.24.165  <<  61.24.166 >>   61.24.169

Application of RCW 61.24.163 to federally insured depository institutionsAnnual application for exemption.

Beginning on January 1, 2023, the provisions of RCW 61.24.163 do not apply to any federally insured depository institution, as defined in 12 U.S.C. Sec. 461(b)(1)(A), that certifies to the department under penalty of perjury that it was not a beneficiary of deeds of trust in more than two hundred fifty trustee sales of residential real property of up to four units that occurred in this state during the preceding calendar year. A federally insured depository institution certifying that RCW 61.24.163 does not apply must do so annually, beginning no later than January 31, 2023, and no later than January 31st of each year thereafter.

NOTES:

Effective date2021 c 151 §§ 1-4, 6-8, and 10: See note following RCW 61.24.005.
FindingsIntent2021 c 151: See note following RCW 61.24.005.
FindingsIntentShort title2011 c 58: See notes following RCW 61.24.005.
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