Statutes, codes, and regulations
Washington Administrative Code
Title 308 - Licensing, Department of (See also Titles 36, 98 and 196)
Chapter 308-90 - Vessel dealer registration
Section 308-90-120 - Trust account

Wash. Admin. Code § 308-90-120

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Current through Register Vol. 24-12, June 15, 2024
Section 308-90-120 - Trust account
(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.

Wash. Admin. Code § 308-90-120

Statutory Authority: RCW 88.02.100. 07-03-120, § 308-90-120, filed 1/22/07, effective 2/22/07. Statutory Authority: 1987 c 149 § 1. 88-03-038 (Order DLR-162), § 308-90-120, filed 1/19/88.