Washington Statutes
§ 48.102.170 — Authority to adopt rules.
Washington § 48.102.170
This text of Washington § 48.102.170 (Authority to adopt rules.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 48.102.170 (2026).
Text
The commissioner may adopt rules implementing and administering this chapter including, but not limited to:
(1)Establishing standards for evaluating reasonableness of payments under life settlement contracts for persons who are terminally ill or chronically ill including, but not limited to, regulation of discount rates used to determine the amount paid in exchange for assignment, transfer, sale, devise, or bequest of a benefit under a life insurance policy insuring the life of a person that is chronically or terminally ill;
(2)Requiring a bond or other mechanism for financial accountability for life settlement providers; and
(3)Governing the activities, relationships, and responsibilities of providers, brokers, insurers, and their agents.
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Legislative History
[2009 c 104 s 20.]
Nearby Sections
15
§ 48.01.010
Short title.§ 48.01.020
Scope of code.§ 48.01.030
Public interest.§ 48.01.035
"Developmental disability" defined.§ 48.01.040
"Insurance" defined.§ 48.01.050
"Insurer" defined.§ 48.01.053
"Issuer" defined.§ 48.01.060
"Insurance transaction" defined.§ 48.01.070
"Person" defined.§ 48.01.080
Penalties.§ 48.01.100
Existing officers.§ 48.01.110
Existing licenses.§ 48.01.120
Existing insurance forms.§ 48.01.130
Existing actions, violations.§ 48.01.140
Headings.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 48.102.170, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.102.170.