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Code · Washington · Title 48 — Insurance · Chapter 48.115

RCW 48.115.040

100 words·~1 min read·/wa/title-48/chapter-48-115/48-115-040·

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A rental car insurance producer is not required to treat moneys collected from renters purchasing rental car insurance as funds received in a fiduciary capacity, if:
(1)The charges for rental car insurance coverage are itemized and ancillary to a rental transaction; and
(2)The insurer has consented in writing, signed by an officer of the insurer, that premiums need not be segregated from funds received by the rental car insurance producer.
[ 2008 c 217 s 93 ; 2002 c 273 s 9 .]
Notes:
Severability — Effective date — 2008 c 217: See notes following RCW 48.03.020 .
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