Washington Code 19.16.180 – Assignability of license or branch office certificate
Current as of: 2023 | Check for updates
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(1) Except as provided in subsection (2) of this section, a license or branch office certificate granted under this chapter is not assignable or transferable.
Terms Used In Washington Code 19.16.180
- Collection agency: means and includes:
Washington Code 19.16.100Decedent: A deceased person. Director: means the director of licensing. See Washington Code 19.16.100 Licensee: means any person licensed under this chapter. See Washington Code 19.16.100
(2) Upon the death of an individual licensee, the director shall have the right to transfer the license and any branch office certificate of the decedent to the personal representative of his or her estate for the period of the unexpired term of the license and such additional time, not to exceed one year from the date of death of the licensee, as said personal representative may need in order to settle the deceased’s estate or sell the collection agency.
