Washington Code 18.44.111 – Licenses — Form and size — Contents
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Each escrow agent license, each escrow agent branch office license, and each escrow officer license shall be issued in the form and size prescribed by the director and shall state in addition to any other matter required by the director:
Terms Used In Washington Code 18.44.111
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(1) The name of the licensee;
(2) The name under which the applicant will do business;
(3) The address at which the applicant will do business;
(4) The expiration date of the license; and
(5) In the case of a corporation, partnership, or branch office, the name of the designated escrow officer or designated branch escrow officer.
[ 1999 c 30 § 30; 1977 ex.s. c 156 § 28. Formerly RCW 18.44.350.]