Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-680 - Escrow Agent Registration Act
LICENSING AND THE ESCROW OFFICER TEST
Section 208-680-165 - May the director waive fees under the act?

Universal Citation: WA Admin Code 208-680-165

Current through Register Vol. 24-18, September 15, 2024

Yes. The director may waive any or all of the fees and assessments imposed under WAC 208-680-155, in whole or in part, when he or she determines that both of the following factors are present:

(1) The consumer services program fund exceeds the projected acceptable minimum fund balance level approved by the office of financial management;

(2) The fees paid by escrow agents equals or exceeds the costs of the licensing, examinations, and enforcement escrow program; and

(3) That such course of action would be fiscally prudent.

Statutory Authority: RCW 43.320.040 and chapter 18.44 RCW (as amended by 2010 c 34). 10-20-124, § 208-680-165, filed 10/5/10, effective 11/5/10.

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