Washington Statutes
§ 48.17.600 — Separation of premium funds.
Washington § 48.17.600
JurisdictionWashington
Title 48INSURANCE
Ch. 48.17INSURANCE PRODUCERS, TITLE INSURANCE AGENTS, AND ADJUSTERS
This text of Washington § 48.17.600 (Separation of premium funds.) 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 § 48.17.600 (2026).
Text
(1)All funds representing premiums or return premiums received by an insurance producer or title insurance agent in the insurance producer's or title insurance agent's fiduciary capacity shall be accounted for and maintained in a separate account from all other business and personal funds.
(2)An insurance producer or title insurance agent shall not commingle or otherwise combine premiums with any other moneys, except as provided in subsection (3) of this section.
(3)An insurance producer or title insurance agent may commingle with premium funds any additional funds as the insurance producer or title insurance agent may deem prudent for the purpose of advancing premiums, establishing reserves for the paying of return premiums, or for any contingencies as may arise in the insurance prod
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Legislative History
[2007 c 117 s 33;1988 c 248 s 15;1986 c 69 s 1.]
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 § 48.17.600, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.17.600.