Revised Code of Washington - RCW Title 48 Insurance - Section 48.30.100 Dividends not to be guaranteed

§ 48.30.100. Dividends not to be guaranteed

No insurer, agent, broker, solicitor, or other person, shall guarantee or agree to the payment of future dividends or future refunds of unused premiums or savings in any specific or approximate amounts or percentages on account of any insurance contract.

[1947 c 79 § .30.10; Rem. Supp. 1947 §45.30.10 .]

     RCW 48.30.100

Dividends not to be guaranteed. (Effective July 1, 2009.)

No insurer, insurance producer, title insurance agent, or other person shall guarantee or agree to the payment of future dividends or future refunds of unused premiums or savings in any specific or approximate amounts or percentages on account of any insurance contract.

[2008 c 217 § 34; 1947 c 79 § .30.10; Rem. Supp. 1947 § 45.30.10.]

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

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Last modified: April 7, 2009