Wash. Admin. Code § 16-237-030

Current through Register Vol. 24-24, December 15, 2024
Section 16-237-030 - Certificates of deposit, letters of credit, life insurance

A certificate of deposit, irrevocable letter of credit or assignment on a life insurance policy issued to the department in lieu of a bond shall not be released, canceled or discharged until three years after cancellation of the license unless the department determines that no outstanding claims exist for the subject period.

Wash. Admin. Code § 16-237-030

Statutory Authority: RCW 22.09.020(13). 00-21-043, § 16-237-030, filed 10/13/00, effective 11/13/00.