Wash. Rev. Code § 48.30.200

Current through the 2024 Regular Session
Section 48.30.200 - Hypothecation of premium notes

It shall be unlawful for any insurer or its representative, or any insurance producer, to hypothecate, sell, or dispose of any promissory note, received in payment for any premium or part thereof on any contract of life insurance or of disability insurance applied for, prior to delivery of the policy to the applicant.

RCW 48.30.200

2008 c 217 § 39; 1947 c 79 § .30.20; Rem. Supp. 1947 § 45.30.20.

Severability-Effective date-2008 c 217: See notes following RCW 48.03.020.