Revised Code of Washington
Chapter 48.15 - Unauthorized Insurers.
48.15.060 - Validity of contracts.

RCW 48.15.060
Validity of contracts.

Insurance contracts procured as surplus line coverage from unauthorized insurers in accordance with this chapter shall be fully valid and enforceable as to all parties, and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.

[1947 c 79 § .15.06; Rem. Supp. 1947 § 45.15.06.]

Structure Revised Code of Washington

Revised Code of Washington

Title 48 - Insurance

Chapter 48.15 - Unauthorized Insurers.

48.15.010 - Definitions.

48.15.015 - Rules.

48.15.020 - Solicitation by unauthorized insurer prohibited—Personal liability.

48.15.023 - Unauthorized activities—Acts committed in this state—Sanctions.

48.15.025 - Application of other chapters to surplus line brokers.

48.15.030 - Validity of contracts illegally effectuated.

48.15.039 - National database—Surplus line brokers.

48.15.040 - "Surplus line" coverage.

48.15.043 - Diligent effort requirement—Exempt commercial purchaser.

48.15.050 - Endorsement of contract.

48.15.060 - Validity of contracts.

48.15.070 - Surplus line brokers—Licensing—Bond—Renewal.

48.15.073 - Nonresident surplus line brokers—Licensing—Reciprocity—Service of process.

48.15.080 - Licensed surplus line broker may accept business.

48.15.085 - Liability of insurer assuming direct risk.

48.15.090 - Solvent insurer required—Rules.

48.15.100 - Record of surplus line broker.

48.15.103 - Use of business name—Place of business—Duties of surplus line broker.

48.15.110 - Broker's annual statement.

48.15.120 - Premium tax—Surplus lines.

48.15.130 - Penalty for default.

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

48.15.142 - Suspension for failure to comply with support order.

48.15.150 - Legal process against surplus line insurer.

48.15.160 - Exemptions from surplus line requirements.

48.15.170 - Records of insureds—Inspection.

48.15.180 - Surplus line broker's fiduciary capacity—Violations.

48.15.185 - Determination of qualifications and competence by state—Unlawful use of questions.