Washington Statutes
§ 48.56.020 — Definitions.
Washington § 48.56.020
This text of Washington § 48.56.020 (Definitions.) 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 § 48.56.020 (2026).
Text
As used in this chapter:
(1)"Insurance premium finance company" means a person engaged in the business of entering into insurance premium finance agreements.
(2)"Premium finance agreement" means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance producer in payment of premiums on an insurance contract together with a service charge as authorized and limited by this chapter and as security therefor the insurance premium finance company receives an assignment of the unearned premium.
(3)"Licensee" means a premium finance company holding a license issued by the insurance commissioner under this chapter.
Severability — Effective date — 2008 c 217:
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Related
Restaurant Development, Inc. v. Cananwill, Inc.
150 Wash. 2d 674 (Washington Supreme Court, 2003)
Restaurant Development, Inc. v. Cananwill, Inc.
55 P.3d 680 (Court of Appeals of Washington, 2002)
Legislative History
[2008 c 217 s 60;1969 ex.s. c 190 s 2.]
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 § 48.56.020, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.56.020.