Section 308-409-030 - Licensure and renewal(1) Each original and renewal license issued under chapter 18-310 RCW shall expire one year from date of issue.(2) To be renewed as an appraisal management company, the holder of a valid license shall submit an application to include the information required in WAC 308-409-020(3) and pay the prescribed fee to the director no earlier than one hundred twenty days prior to the expiration date.(3) If a company fails to renew a license prior to its expiration and no more than one year has passed since the company last held a valid license, the company may obtain a renewed license by paying the renewal fee and late renewal penalty fee.(4) The director shall cancel the license of any company whose renewal fee is not received within one year from the date of expiration. A company may obtain a new license by applying for original licensure as an appraisal management company.Wash. Admin. Code § 308-409-030
Amended by WSR 16-21-061, Filed 10/14/2016, effective 11/14/2016Amended by WSR 20-09-077, Filed 4/14/2020, effective 6/4/2020Statutory Authority: RCW 18.310.020(1). 11-24-067, § 308-409-030, filed 12/6/11, effective 1/6/12.