Washington Statutes

§ 48.56.020 — Definitions.

Washington § 48.56.020
JurisdictionWashington
Title 48INSURANCE
Ch. 48.56INSURANCE PREMIUM FINANCE COMPANY ACT

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)
175 case citations
Restaurant Development, Inc. v. Cananwill, Inc.
55 P.3d 680 (Court of Appeals of Washington, 2002)
2 case citations

Legislative History

[2008 c 217 s 60;1969 ex.s. c 190 s 2.]

Nearby Sections

15
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Bluebook (online)
Washington § 48.56.020, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.56.020.