2009 Washington Code
Title 48 - Insurance
Chapter 48.115 - Rental car insurance.
48.115.040 - Treatment of moneys collected from renters purchasing insurance.
Treatment of moneys collected from renters purchasing insurance.
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 § 93; 2002 c 273 § 9.]
Notes: Severability -- Effective date -- 2008 c 217: See notes following RCW 48.03.020.
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