Washington Code 18.44.470 – Receivership
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Upon application by the director or any other interested party and upon a showing that the interest of the creditors so requires, the superior court may appoint a receiver to take over, operate, or liquidate any escrow office in this state.
[ 1971 ex.s. c 245 § 6. Formerly RCW 18.44.190.]
Terms Used In Washington Code 18.44.470
- Escrow: Money given to a third party to be held for payment until certain conditions are met.