Any seller of travel shall distribute nonexempt funds as authorized by statute and these regulations:
- (1) The trust account or other approved account shall be in the firm name of the seller of travel as registered;
- (2) All disbursements from the trust account or other approved account shall be identified to a specific transaction
- (3) If the financial institution charges service fees, the seller of travel shall reimburse the trust account or other approved account within 10 banking days after receipt of the monthly statement.
[Statutory Authority: Chapter 19.138 RCW. WSR 96-14-092, § 308-129-310, filed 7/2/96, effective 8/2/96.]