PDFWAC 208-690-014

How does the department interpret the definitions in RCW 19.230.010?

(1) "Currency exchange." For purposes of RCW 19.230.010 (8)(b), "investment" means an investment that is not money of a government.
(2) "Responsible individual." The responsible individual must:
(a) Be a citizen of the United States or have legal immigration status to work in the United States;
(b) Hold W-2 employee status with the licensee;
(c) Be knowledgeable of the laws and rules implementing the act; and
(d) Be responsible for the company's compliance with applicable state and federal laws, rules and regulations.
[Statutory Authority: RCW 43.320.040 and 19.230.310. WSR 16-14-022, § 208-690-014, filed 6/27/16, effective 8/1/16; WSR 13-24-021, § 208-690-014, filed 11/22/13, effective 1/1/14.]