Washington Statutes
§ 48.56.090 — Service charge.
Washington § 48.56.090
This text of Washington § 48.56.090 (Service charge.) 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 § 48.56.090 (2026).
Text
(1)A premium finance company shall not charge, contract for, receive, or collect a service charge other than as permitted by this chapter.
(2)The service charge is to be computed on the balance of the premiums due (after subtracting the down payment made by the insured in accordance with the premium finance agreement) from the effective date of the insurance coverage, for which the premiums are being advanced, to and including the date when the final installment of the premium finance agreement is payable.
(3)The service charge shall be a maximum of ten dollars per one hundred dollars per year plus an acquisition charge of ten dollars per premium finance agreement which need not be refunded upon cancellation or prepayment.
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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
[1969 ex.s. c 190 s 9.]
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 § 48.56.090, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.56.090.