Wednesday, April 8, 2020

The Securities Division of the Washington Department of Financial Institutions has published a notice concerning franchise filing requirements and renewal filing fees in connection with the COVID-19 pandemic.

In summary, the notice reminds filers that filings are required to be submitted electronically through our online filing system, waives notary requirements while social distancing directives remain in place, and orders that applicants may pay the renewal fee of $100 to complete an application for franchise registration under RCW 19.100.040 for any offering that was previously registered and that expired, or that will expire, between March 1, 2020 through June 30, 2020 until further notice.

It is important to note, however, that this filing fee relief does not permit the offer or sale of franchises during a period in which the franchise registration has lapsed. The filing fee for franchise exemption notice filings remains $100 whether it is a new notice or a renewal in accordance with RCW 19.100.240(5).

Notice Concerning Franchise Filing Requirements and Renewal Filing Fees During COVID-19 Pandemic