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- 2023 Edition
- Title 48. Insurance
- Chapter 48.56. Insurance Premium Finance Company Act
RCW 48.56.090 Service Charge
| Library | Washington Statutes |
| Edition | 2023 |
| Currency | Current through the 2023 1st Special Session |
| Year | 2023 |
| Citation | RCW 48.56.090 |
(1) A premium finance company shall not charge, contract for, receive, or collect a service charge other than as permitted by this chapter.
(2) The service charge is to be computed on the balance of the premiums due (after subtracting the down payment made by the insured in accordance with the premium finance agreement) from the effective date of the insurance coverage, for which t...
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