WAC 208-690-110   Report of material change.  Material changes described in this section must be reported to the director within thirty business days of the occurrence of the change. "Material change" means any change that is not trivial, and that, if not reported, would cause an investigation or examination to be misled or delayed. Such changes include, but are not limited to:

     (1) A change of the physical and/or mailing address;

     (2) A change of the responsible individual;

     (3) A change of the licensee's name or DBA (doing business as);

     (4) A change in the location where the records of the licensee that are required to be retained under RCW 19.230.170 are kept;

     (5) The obtaining, revocation or surrender of a money services license in any other jurisdiction;

     (6) The conviction of the licensee, an executive officer, responsible individual, board director, principal, or person in control of a misdemeanor or gross misdemeanor involving a financial transaction; and

     (7) Other similar activities or events.

     The fee prescribed by WAC 208-690-150 must accompany each report.



[Statutory Authority: RCW 19.230.310 and 43.320.040. 04-15-005, § 208-690-110, filed 7/7/04, effective 8/7/04.]