18.44.211  <<  18.44.221 >>   18.44.231

Waiver of bond or policy where not reasonably availableDetermination procedureWaiver period.

The director shall, within thirty days after a written request, hold a public hearing to determine whether the fidelity bond, surety bond, and/or the errors and omissions policy specified in RCW 18.44.201 is reasonably available to a substantial number of licensed escrow agents. If the director determines and the insurance commissioner concurs that such bond or bonds and/or policy is not reasonably available, the director shall waive the requirements for such bond or bonds and/or policy for a fixed period of time.


Effective date2011 1st sp.s. c 21: See note following RCW 72.23.025.
Severability1988 c 178: See note following RCW 18.44.400.
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