Exemptions — Mortgage brokers' third-party provider services trust accounts.

This chapter shall not apply to amounts received from trust accounts to mortgage brokers for the payment of third-party costs if the accounts are operated in a manner consistent with RCW 19.146.050 and any rules adopted by the director of financial institutions.

[1998 c 311 § 3; 1997 c 106 § 21.]

Notes: Intent -- Retroactive application -- 1998 c 311 §§ 1 and 3: See note following RCW 19.146.050.

Severability -- 1997 c 106: See note following RCW 19.146.010.