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Financial Services Law Insights and Observations

Washington Department of Financial Institutions issues notice concerning signature and notary requirements

State Issues Covid-19 Washington

State Issues

On March 20, the Washington Department of Financial Institutions issued a notice concerning signature requirements on applications and notice filings required during the Covid-19 outbreak. The notice provides that the Securities Division requires all franchise filings to be made electronically through its online electronic filing system, and will not require “wet” signatures on filings. Where a signature is required, copies (including PDF copies) of signed documents are sufficient. Additionally, the Securities Division is waiving any notary requirements during the Covid-19 outbreak.