18.39.231 - Prohibited advice and transactions -- Exceptions -- Rules -- Penalty. - Washington Statutes

Prohibited advice and transactions — Exceptions — Rules — Penalty.

(1) A licensee shall not, in conjunction with any professional services performed for compensation under this chapter, provide financial or investment advice to any person other than a family member, represent any person in a real estate transaction, or act as an agent under a power of attorney for any person. However, this section shall not be deemed to prohibit a funeral establishment from entering into prearrangement funeral service contracts in accordance with this chapter or to prohibit a funeral director from providing advice about government or insurance benefits.

     (2) A violation of this section is a gross misdemeanor and is grounds for disciplinary action.

     (3) The board shall adopt rules as the board deems necessary to prevent unethical financial dealings between licensees and their clients.

[2005 c 365 § 20; 2003 c 53 § 130; 1986 c 259 § 66; 1982 c 66 § 15.]

Notes: Intent -- Effective date -- 2003 c 53: See notes following RCW 2.48.180.

Severability -- 1986 c 259: See note following RCW 18.130.010.

Effective dates -- 1982 c 66: See note following RCW 18.39.240.