Wash. Admin. Code § 208-690-014

Current through Register Vol. 25-01, January 1, 2025

Section 208-690-014 - How does the department interpret the definitions in RCW 19.230.010?

(1) "Currency exchange." For purposes of RCW 19.230.010(8)(b), "investment" means an investment that is not money of a government.

(2) "Responsible individual." The responsible individual must:

(a) Be a citizen of the United States or have legal immigration status to work in the United States;

(b) Hold W-2 employee status with the licensee;

(c) Be knowledgeable of the laws and rules implementing the act; and

(d) Be responsible for the company's compliance with applicable state and federal laws, rules and regulations.

Wash. Admin. Code § 208-690-014

Adopted by WSR 13-24-021, filed 11/22/13, effective 1/1/2014

Amended by WSR 16-14-022, Filed 6/27/2016, effective 8/1/2016