Cancellation of fidelity bond or surety bond, or both—New bond required.

  1. Law
  2. Revised Code of Washington
  3. Businesses and Professions
  4. Escrow Agent Registration Act.
  5. Cancellation of fidelity bond or surety bond, or both—New bond required.

Checkout our iOS App for a better way to browser and research.

In the event of cancellation of either the fidelity bond, the surety bond, or both, the director shall require the filing of a new bond or bonds. Failure to provide the director with satisfactory evidence of a new bond after receipt by the director of notification that one is required or by the effective date of the cancellation notice, whichever is later, shall be sufficient grounds for the suspension or revocation of the escrow agent's license.

[ 1999 c 30 § 6; 1965 c 153 § 6. Formerly RCW 18.44.060.]


Download our app to see the most-to-date content.