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Code · Washington · Title 18 — Businesses and Professions · Chapter 18.44

RCW 18.44.221

140 words·~1 min read·/wa/title-18/chapter-18-44/18-44-221·

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The director shall, within thirty days after a written request, hold a public hearing to determine whether the fidelity bond, surety bond, and/or the errors and omissions policy specified in RCW 18.44.201 is reasonably available to a substantial number of licensed escrow agents. If the director determines and the insurance commissioner concurs that such bond or bonds and/or policy is not reasonably available, the director shall waive the requirements for such bond or bonds and/or policy for a fixed period of time.
[ 2011 1st sp.s. c 21 s 46 ; 1999 c 30 s 31 ; 1988 c 178 s 2 ; 1977 ex.s. c 156 s 30 . Formerly RCW 18.44.360 .]
Notes:
Effective date — 2011 1st sp.s. c 21: See note following RCW 72.23.025 .
Severability — 1988 c 178: See note following RCW 18.44.400 .
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