Washington § 48.17.568 - Insurance education providers — Bond.

Full text of Washington Revised Code of Washington § 48.17.568 — Insurance education providers — Bond., with citation guidance and answers to common questions.

§ 48.17.568. Insurance education providers — Bond.

In addition to the regulatory requirements imposed pursuant to RCW 48.17.150, the commissioner may require each insurance education provider to post a bond, cash deposit, or irrevocable letter of credit. Every insurance education provider, other than an insurer, health care service contractor, health maintenance organization, or educational institution established by Washington statutes, is subject to the requirement.
(1) The provider shall file with each request for course approval and shall maintain in force while so approved, the bond, cash deposit, or irrevocable letter of credit in favor of the state of Washington, according to criteria which the commissioner shall establish by regulation. The amount of such bond, cash deposit, or irrevocable letter of credit, shall not exceed five thousand dollars for the provider's first approved course and one thousand dollars for each additional approved course.
(2) Proceeds from the bond, cash deposit, or irrevocable letter of credit shall inure to the commissioner for payment of investigation expenses or for payment of any fine ordered per Washington statutes or regulations governing insurance education: PROVIDED, That recoverable investigation expenses or fines shall not be limited to the amount of such required bond, cash deposit, or irrevocable letter of credit.
[ 1989 c 323 s 5.]

Notes

Effective date—1989 c 323: See note following RCW 48.17.125.

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

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Frequently Asked Questions About Washington § 48.17.568

What does Revised Code of Washington § 48.17.568 cover?

Section 48.17.568 ("Insurance education providers — Bond.") 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.

How do I cite Washington § 48.17.568?

A common citation format is "Revised Code of Washington § 48.17.568" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.17.568 apply to my situation?

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Sources & Verification

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