Guarantee of performance, deferrals and other arrangements.
In lieu of an impound under RCW
19.100.050, the director may accept a guarantee of the franchisor's performance under the franchise agreement by the franchisor's parent or affiliate, a surety bond, an agreement to defer payment of the franchise fee, or other arrangements to protect the interests of a franchisee acceptable to the director. Any such agreements must be in the form and content prescribed by the director.
[Statutory Authority: Chapter
19.100 RCW, RCW
19.100.250,
19.100.010,
19.100.030,
19.100.040,
19.100.050,
19.100.070,
19.100.080,
19.100.100, and
19.100.110. WSR 09-22-050, ยง 460-80-460, filed 10/29/09, effective 11/29/09.]