19.110.050 – Persons proposing to sell or lease business opportunity—Registration required—Application—Renewal—Denial, suspension, or revocation of registration.
RCW 19.110.050 Persons proposing to sell or lease business opportunity—Registration required—Application—Renewal—Denial, suspension, or revocation of registration. (1) Any person who proposes to sell or lease a business opportunity must register prior to advertising, soliciting, or making any offer, sale, or lease in this state. (2) Any person proposing to sell or lease a business opportunity […]
19.110.060 – Registration fees.
RCW 19.110.060 Registration fees. The director shall charge and collect the fees specified by this section. All fees are nonrefundable and shall be deposited in the state treasury. (1) The registration fee is two hundred dollars. (2) The renewal fee is one hundred twenty-five dollars. (3) The amendment fee is thirty dollars. [ 1981 c […]
19.110.070 – Disclosure document required—Contents.
RCW 19.110.070 Disclosure document required—Contents. The seller shall provide the purchaser a written disclosure document at least forty-eight hours before the purchaser signs a business opportunity contract. The cover sheet of the disclosure document shall be entitled: “DISCLOSURES REQUIRED BY THE STATE OF WASHINGTON.” The following statement shall appear under the title: “The state of […]
19.110.075 – Business opportunity fraud—Penalties.
RCW 19.110.075 Business opportunity fraud—Penalties. (1) Any person who violates RCW 19.110.050 or 19.110.070 is guilty of a gross misdemeanor. (2) Any person who knowingly violates RCW 19.110.050 or 19.110.070 is guilty of a class B felony punishable according to chapter 9A.20 RCW. (3) No indictment or information for a felony may be returned under […]