Section 16-237-030. Certificates of deposit, letters of credit, life insurance.

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A certificate of deposit, irrevocable letter of credit or assignment on a life insurance policy issued to the department in lieu of a bond shall not be released, canceled or discharged until three years after cancellation of the license unless the department determines that no outstanding claims exist for the subject period.

[Statutory Authority: RCW 22.09.020(13). WSR 00-21-043, § 16-237-030, filed 10/13/00, effective 11/13/00.]

RCW 22.09.020(13). WSR 00-21-043, § 16-237-030, filed 10/13/00, effective 11/13/00.

                    
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