Wash. Rev. Code » Title 21 · Chapter 21.20
Revised Code of Washington

Wash. Rev. Code § 21.20.135 (2025)

License as salesperson or broker-dealer prerequisite to suit for commission

✓ laws through the 2025 session: 2026 session laws are not yet included
Find cases: SyfertCases citing this section WA-LEGapp.leg.wa.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar
No suit or action shall be brought for the collection of a commission for the sale of a security, as defined within this chapter without alleging and proving that the plaintiff was a duly licensed salesperson for an issuer or a broker-dealer, or exempt under the provisions of RCW 21.20.040, or a duly licensed broker-dealer in this state or another state at the time the alleged cause of action arose.
[ 1979 ex.s. c 68 s 10; 1974 ex.s. c 77 s 3; 1961 c 37 s 10.]

Notes:

Effective date—1974 ex.s. c 77: See note following RCW 21.20.040.
Notes of Decisions
Cited in 1 case, 1973–1973 · leading case: Yeakel v. Ralls, 511 P.2d 65 (Wash. Ct. App. 1973).
Sort: Relevance Newest Treatment
Yeakel v. Ralls, 511 P.2d 65 (Wash. Ct. App. 1973). · cites it 3× “Ralls is aware of this statute but argues that RCW 21.20.135 enacted subsequently changes the result.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.