§ 48.30.200. Hypothecation of premium notes
It shall be unlawful for any insurer or its representative, or any agent or broker, 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.
[1947 c 79 § .30.20; Rem. Supp. 1947 §45.30.20 .]
RCW 48.30.200
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.
[2008 c 217 § 39; 1947 c 79 § .30.20; Rem. Supp. 1947 § 45.30.20.]
Notes:
Severability -- Effective date -- 2008 c 217: See notes following RCW 48.03.020.
Sections: Previous 48.30.140 48.30.150 48.30.155 48.30.157 48.30.170 48.30.180 48.30.190 48.30.200 48.30.210 48.30.220 48.30.230 48.30.240 48.30.250 48.30.260 48.30.270 Next
Last modified: April 7, 2009