HTML has links - PDF has Authentication
284-17-610  <<  284-17-620 >>   284-17-625

PDFWAC 284-17-620

Loans from insurance clients—Reasonable arrangements.

RCW 48.17.530 (1)(m) permits the commissioner to define certain reasonable arrangements where an insurance producer may obtain a loan from an insurance client. The commissioner finds that a reasonable arrangement exists when an insurance producer and an insurance client enter into an arms-length commercial transaction, such as for the purchase of real property, and the financial arrangement is based on fair market value.
[Statutory Authority: RCW 48.02.060, 48.17.005. WSR 09-02-073 (Matter No. R 2008-06), § 284-17-620, filed 1/6/09, effective 7/1/09.]
Site Contents
Selected content listed in alphabetical order under each group