Washington § 48.29.213 - Return on ownership interest — Certain payments authorized.

Full text of Washington Revised Code of Washington § 48.29.213 — Return on ownership interest — Certain payments authorized., with citation guidance and answers to common questions.

§ 48.29.213. Return on ownership interest — Certain payments authorized.

(1) RCW 48.29.210, 18.85.053, 18.44.305, or 19.146.103 does not make unlawful the payment by a title insurer or title insurance agent and the receipt by a producer of title insurance business of a return on ownership interest in the title insurer or title insurance agent.
(2) A return on ownership interest may include:
(a) Bona fide dividends, and capital or equity distributions, related to ownership interest or franchise relationship, between entities in an affiliated relationship; and
(b) Bona fide business loans, advances, and capital or equity contributions between entities in an affiliate relationship (in any direction), so long as they are for ordinary business purposes and are not fees for the referral of settlement service business or unearned fees.
(3) A return on ownership interest does not include:
(a) Any payment which has a basis of calculation of no apparent business motive other than distinguishing among recipients of payments on the basis of the amount of their actual, estimated, or anticipated referrals;
(b) Any payment which varies according to the relative amount of referrals by the different recipients of similar payments; or
(c) A payment based on an ownership, partnership, or joint venture share which has been adjusted on the basis of previous relative referrals by recipients of similar payments.
[ 2008 c 110 s 13.]

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

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Frequently Asked Questions About Washington § 48.29.213

What does Revised Code of Washington § 48.29.213 cover?

Section 48.29.213 ("Return on ownership interest — Certain payments authorized.") 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 § 48.29.213?

A common citation format is "Revised Code of Washington § 48.29.213" (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 § 48.29.213 apply to my situation?

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