Revised Code of Washington - RCW Title 31 Miscellaneous Loan Agencies - Section 31.40.090 Examination of licensees

§ 31.40.090. Examination of licensees

(1) The director shall examine each licensee not less than once every twenty-four months.

(2) The director may with or without notice and at any time during regular business hours examine a licensee or a subsidiary of a licensee.

(3) A director, officer, or employee of a licensee or of a subsidiary of a licensee being examined by the director or a person having custody of any of the books, accounts, or records of the licensee or of the subsidiary shall otherwise facilitate the examination so far as it is in his or her power to do so.

(4) If in the director's opinion it is necessary in the examination of a licensee, or of a subsidiary of a licensee, the director may retain any certified public accountant, attorney, appraiser, or other person to assist the director. The licensee being examined shall pay the fees of a person retained by the director under this subsection.

[2006 c 87 § 30; 1994 c 92 § 268; 1989 c 212 § 9.]

Sections:  Previous  31.40.010  31.40.020  31.40.030  31.40.040  31.40.050  31.40.060  31.40.070  31.40.080  31.40.090  31.40.100  31.40.110  31.40.120  31.40.130  31.40.135  31.40.900  Next

Last modified: April 7, 2009