Unless another form of payment is agreed to by the policyholder or beneficiary, an insurance company doing business in this state may not pay a judgment or settlement of a claim in this state for a loss incurred in this state with an instrument other than a negotiable bank check payable on demand and bearing even date with the date of writing or by electronic funds transfer.
Section: Previous 21.96.010 21.96.015 21.96.020 21.96.025 21.96.027 21.96.030 21.96.035 21.96.050 21.96.060 21.96.070 21.96.075 21.96.080 21.96.090 21.96.100 21.96.110 NextLast modified: November 15, 2016