16-237-025  <<  16-237-030 >>   16-237-035

WAC 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.
[Statutory Authority: RCW 22.09.020(13). WSR 00-21-043, ยง 16-237-030, filed 10/13/00, effective 11/13/00.]
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