Seizure of escrow agent property business by the department—Notice to licensee.
Under the circumstances set forth in WAC
208-680-645, the department may give the licensee notice and opportunity to correct an unsafe or unsound condition. If the licensee fails to immediately comply with the terms of the notice or within such time as the department may allow, then the department may take possession of the escrow agent property and business.
[Statutory Authority: RCW
43.320.040 and
18.44.410. WSR 13-24-022, § 208-680-647, 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, § 208-680-647, filed 10/5/10, effective 11/5/10.]