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§702. REPEALS.
The following act is repealed:
[Insert name of
former State securities act]. |
RCW 21.20.935
Repealer.
The following acts
and parts of acts are hereby repealed:
(1) Chapter 69, Laws
of 1923; chapter 97, Laws of 1935; chapter 182, Laws of 1937; chapter
124, Laws of 1939; chapter 169, Laws of 1943; chapter 231, Laws of 1943;
chapter 189, Laws of 1947; chapter 150, Laws of 1949; chapter 230, Laws
of 1951; and RCW
21.04.010 through
21.04.220; and
(2) Chapter 178,
Laws of 1937; chapter 64, Laws of 1951; and RCW
21.08.010 through
21.08.120; and
(3) Chapter 110,
Laws of 1939 and RCW
21.12.010 through
21.12.080. |
§ 1 (see above) |
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§703.
APPLICATION OF ACT TO EXISTING PROCEEDING AND EXISTING RIGHTS AND
DUTIES. (a) [Applicability
of predecessor act to pending proceedings and existing rights.] The
predecessor act exclusively governs all actions or proceedings that are
pending on the effective date of this [Act] or may be instituted on the
basis of conduct occurring before the effective date of this [Act], but
a civil action may not be maintained to enforce any liability under the
predecessor act unless instituted within any period of limitation that
applied when the cause of action accrued or within five years after the
effective date of this [Act], whichever is earlier. |
RCW 21.20.910
Saving -- Civil, criminal proceedings.
Prior law
exclusively governs all suits, actions, prosecutions, or proceedings
which are pending or may be initiated on the basis of facts or
circumstances occurring before the effective date of this chapter,
except that no civil suit or action may be maintained to enforce any
liability under prior law unless brought within any period of limitation
which applied when the cause of action accrued and in any event within
two years after the *effective date of this chapter. |
§ 57.
APPLICATION OF CHAPTER TO EXISTING PROCEEDINGS, EXISTING RIGHTS AND
DUTIES, AND RCW 48.06.030. (1) Applicability of
chapter 21.20 RCW to pending proceedings and existing rights. Chapter
21.20 RCW exclusively governs all actions or proceedings that are
pending on the effective date of this section or may be instituted on
the basis of conduct occurring before the effective date of this
section, but a civil action may not be maintained to enforce any
liability under chapter 21.20 RCW unless instituted within any period of
limitation that applied when the cause of action accrued or within five
years after the effective date of this section, whichever is earlier. |
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(b) [Continued
effectiveness under predecessor act.] All effective registrations
under the predecessor act, all administrative orders relating to the
registrations, rules, statements of policy, interpretative opinions,
declaratory rulings, no action determinations, and conditions imposed on
the registrations under the predecessor act remain in effect while they
would have remained in effect if this [Act] had not been enacted. They
are considered to have been filed, issued, or imposed under this [Act],
but are exclusively governed by the predecessor act. |
RCW 21.20.915
Saving -- Prior effective registrations.
All effective
registrations under prior law and all conditions imposed upon such
registrations remain in effect so long as they would have remained in
effect if they had become effective under this chapter. They are
considered to have been filed, entered, or imposed under this chapter.
All dealers who are duly registered as brokers and all salespersons and
issuers' agents who are duly registered as agents under said securities
act, mining act or oil and mining leases act, on the *effective date of
this chapter shall be deemed to be duly registered under and subject to
the provisions of this chapter, such registration to expire on the 30th
day of June of the year in which this chapter becomes effective and to
be subject to renewal as provided in this chapter. |
§ 57(2).
Continued
effectiveness under chapter 21.20 RCW. All effective registrations
under chapter 21.20 RCW, all administrative orders relating to the
registrations, rules, statements of policy, interpretive opinions,
declaratory rulings, no action determinations, and conditions imposed on
the registrations under chapter 21.20 RCW remain in effect while they
would have remained in effect if this chapter had not been enacted.
They are considered to have been filed, issued, or imposed under this
chapter, but are exclusively governed by chapter 21.20 RCW. |
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(c) [Applicability
of predecessor act to offers or sales.] The predecessor act
exclusively applies to an offer or sale made within one year after the
effective date of this [Act] pursuant to an offering made in good faith
before the effective date of this [Act] on the basis of an exemption
available under the predecessor act. |
RCW 21.20.920
Application of prior law.
Prior law applies in
respect to any offer or sale made within one year after the *effective
date of this chapter pursuant to an offering begun in good faith before
its effective date on the basis of an exemption available under prior
law. |
§ 57(3).
Applicability
of chapter 21.20 RCW to offers or sales. Chapter 21.20 RCW exclusively
applies to an offer or sale made within one year after the effective
date of this section pursuant to an offering made in good faith before
the effective date of this section on the basis of an exemption
available under chapter 21.20 RCW. |
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RCW 21.20.930
Solicitation permits under insurance laws not limited.
Nothing in this
chapter shall in any way limit the provisions of RCW
48.06.030. |
§ 57(4).
Applicability
to RCW 48.06.030. Nothing in this chapter shall limit the provisions of
RCW 48.06.030.
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RCW 21.20.930
retained as §58(4). |
