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PDFWAC 284-17-540

Requirements applicable to independent prelicensing insurance education providers.

In addition to the requirements set forth in WAC 284-17-530, all independent providers must comply with the following additional requirements:
(1) The proposed program director must meet the standards set forth in WAC 284-17-535.
(2) The proposed instructors must be in good standing with the commissioner and must meet the standards set forth in WAC 284-17-537.
(3) All tuition funds received must be promptly deposited into an account separate from any other account or depository.
(4) The accounting system used must provide an audit trail so that details underlying the summary data can be identified.
(5) Records of tuition accounting must be available for inspection by the commissioner during regular business hours for three years after the date of the transaction.
(6) Lecture or proctored self-study courses must be offered at one or more physical locations accessible to the public within Washington.
[Statutory Authority: RCW 48.02.060, 48.17.005. WSR 09-02-073 (Matter No. R 2008-06), § 284-17-540, filed 1/6/09, effective 7/1/09. Statutory Authority: RCW 48.02.060. WSR 89-19-036 (Order R 89-9), § 284-17-540, filed 9/15/89, effective 10/16/89; WSR 89-14-045 (Order R 89-8), § 284-17-540, filed 6/29/89. Statutory Authority: RCW 48.02.060 and 48.17.070. WSR 89-01-055 (Order R 88-14), § 284-17-540, filed 12/16/88.]
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