Find Laws Find Lawyers Free Legal Forms USA State Laws

WASHINGTON STATUTES AND CODES

48.56.090 - Service charge.

Service charge.

(1) A premium finance company shall not charge, contract for, receive, or collect a service charge other than as permitted by this chapter.

     (2) The service charge is to be computed on the balance of the premiums due (after subtracting the down payment made by the insured in accordance with the premium finance agreement) from the effective date of the insurance coverage, for which the premiums are being advanced, to and including the date when the final installment of the premium finance agreement is payable.

     (3) The service charge shall be a maximum of ten dollars per one hundred dollars per year plus an acquisition charge of ten dollars per premium finance agreement which need not be refunded upon cancellation or prepayment.

[1969 ex.s. c 190 § 9.]

Washington Forms by Issue

Washington Court Forms
> Probate
Washington Tax Forms

Washington Law

Washington State Laws
    > Washington Child Support
    > Washington Gun Laws
    > Washington Statute
Washington Court
    > Washington Courts
    > Washington State Court Records
    > Washington State Courts
Washington Labor Laws
    > Washington State Jobs
    > Washington State Unemployment
Washington State
    > Washington County Jail
    > Washington State Parks
Washington Tax
    > Washington State Tax
Washington Agencies
    > Washington DMV
    > Washington Secretary of State
    > Washington State Department of Health
    > Washington State Department of Licensing
    > Washington State Department of Revenue
    > Washington State Department of Transportation
    > Washington State Patrol

Washington Court Map

Tips