Washington Code 19.110.030 – Sale or lease of business opportunity — Offer to sell or lease business opportunity — Occurrence in Washington
Current as of: 2023 | Check for updates
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(1) An offer to sell or offer to lease a business opportunity occurs in Washington when:
Terms Used In Washington Code 19.110.030
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(a) The offer is made in Washington; or
(b) The purchaser resides in Washington at the time of the offer and the business opportunity is or will be located, in whole or in part, in the state of Washington; or
(c) The offer originates from Washington; or
(d) The business opportunity is or will be, in whole or in part, located in Washington.
(2) An offer does not occur in Washington if a seller advertises only in a newspaper having more than two-thirds of its circulation outside the state of Washington, or on a radio or television program originating outside the state and does not sell or lease business opportunities in Washington.
(3) A sale or lease of a business opportunity occurs in Washington when:
(a) The sale or lease is made in Washington; or
(b) The purchaser resides in Washington at the time of the sale or lease, and the business opportunity is or will be located, in whole or in part, in Washington; or
(c) The business opportunity is or will be located in Washington.
[ 1981 c 155 § 3.]