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Washington Administrative Code (Last Updated: November 23, 2016) |
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Title 208. Financial Institutions, Department of (See Titles 50, 419, and 460) |
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Chapter 208-512. Banks and trust companies. |
Section 208-512-330. Insurance agency activities—Definitions.
Latest version.
- (1) "Bank" means a bank chartered under the provisions of Title 30 RCW.(2) "Trust company" means a trust company chartered under the provisions of Title 30 RCW.(3) "Insurance agent" means any person, including a bank, appointed by an insurer to solicit applications for insurance on its behalf and conduct such other activities and be subject to such restrictions of an insurance agent as authorized by the Washington insurance code, Title 48 RCW.(4) "City" means a city whose boundaries and powers of self-government are defined by Title 35 or 35A RCW.(5) "Located in a city" means operating a duly certificated full service branch within the city limits of the city.(6) "Act as insurance agent" means to exercise the full power of an insurance agent on all lines of insurance subject only to the limitations and requirements of Title 48 RCW.[Statutory Authority: RCW 30.04.030 and 43.320.040. WSR 00-17-141, recodified as § 208-512-330, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW 30.04.030. WSR 90-10-074, § 50-12-330, filed 5/2/90, effective 6/2/90.]
RCW 30.04.030 and 43.320.040. WSR 00-17-141, recodified as § 208-512-330, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW 30.04.030. WSR 90-10-074, § 50-12-330, filed 5/2/90, effective 6/2/90.