Washington § 48.15.140 - Revocation, suspension, or failure to renew surplus line broker's license — Civil penalty.

Full text of Washington Revised Code of Washington § 48.15.140 — Revocation, suspension, or failure to renew surplus line broker's license — Civil penalty., with citation guidance and answers to common questions.

§ 48.15.140. Revocation, suspension, or failure to renew surplus line broker's license — Civil penalty.

(1) The commissioner may place on probation, revoke, suspend, or refuse to renew any surplus line broker's license, or may levy a civil penalty in accordance with RCW 48.17.560 or any combination of actions, for any one or more of the following causes:
(a) If the surplus line broker fails to file the licensee's annual statement or to remit the tax as required by this chapter; or
(b) If the surplus line broker fails to maintain an office in this state, or to keep the records, or to allow the commissioner to examine the licensee's records as required by this chapter; or
(c) For any of the causes for which an insurance producer's license may be revoked under chapter 48.17 RCW.
(2) The commissioner may suspend or revoke any such license whenever he or she deems suspension or revocation to be for the best interests of the people of this state.
(3) The procedures provided by this code for the suspension or revocation of insurance producers' licenses shall be applicable to suspension or revocation of a surplus line broker's license.
(4) A surplus line broker whose license has been so revoked shall not again be so licensed within one year thereafter, nor until any fines or delinquent taxes owing by the formal licensee have been paid.
[ 2009 c 162 s 7; 2008 c 217 s 10; 1980 c 102 s 6; 1947 c 79 s .15.14; Rem. Supp. 1947 s 45.15.14.]

Notes

Effective date—2009 c 162: See note following RCW 48.03.020.
Severability—Effective date—2008 c 217: See notes following RCW 48.03.020.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 48.15.140

What does Revised Code of Washington § 48.15.140 cover?

Section 48.15.140 ("Revocation, suspension, or failure to renew surplus line broker's license — Civil penalty.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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Is this the official text of Washington law?

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