The director may not enter a stop order against an effective registration statement on the basis of a fact or transaction known to the director when the registration statement became effective.
RCW 21.20.290
Stop order prohibited if facts known on effective date of statement.
Known as the The Securities Act
The act spans §§ 21–21 (75 sections).
1979 ex.s. c 68 s 18; 1959 c 282 s 29.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.