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WAC 284-29-100

Definitions.

For purposes of this rule:
(1) An "affiliate" of, or person "affiliated" with a title insurance agent is a person who directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the person specified.
(2) "Associates of producers" has the meaning as set forth in RCW 48.29.010 (3)(f).
(3) "Financial interest" has the meaning as set forth in RCW 48.29.010 (3)(d).
(4) "Person" has the meaning as set forth in RCW 48.01.070.
(5) "Producers of title insurance business or producer" has the meaning as set forth in RCW 48.29.010 (3)(e) and also includes associate of producers as set forth in RCW 48.29.010 (3)(f).
(6) "Report of affiliated business ownership" means a report required by RCW 48.29.015 setting forth the name, address, and percent of title orders originating from those persons who have had a financial interest in a title insurance agent.
(7) "Title insurance agent" has the meaning as set forth in RCW 48.17.010(15).
(8) "Title order" has the same meaning as "preliminary report," "commitment," or "binder" as set forth in RCW 48.29.010 (3)(c) and also includes "title policy" as set forth in RCW 48.29.010 (3)(a).
[Statutory Authority: RCW 48.02.060, 48.29.005, and 48.29.015. WSR 09-20-070 (Matter No. R 2008-22), ยง 284-29-100, filed 10/5/09, effective 11/5/09.]
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