RCW 48.36A.330
Agents. (Effective until July 1, 2009.)
(1) Agents of societies shall be licensed in accordance with the
applicable provisions of chapter 48.17 RCW regulating the
licensing, revocation, suspension, or termination of licenses of
resident and nonresident agents. Persons who are so authorized
by a fraternal benefit society for a period of one year
immediately prior to June 13, 1963, shall not be required to take
and pass an examination as required by RCW 48.17.110.
(2) The following individuals shall not be deemed an agent
of a fraternal benefit society within the provisions of
subsection (1) of this section:
(a) Any regular salaried officer or employee of a licensed
society who devotes substantially all of their services to
activities other than the solicitation of fraternal insurance
contracts from the public, and who receives for the solicitation
of such contracts no commission or other compensation directly
dependent upon the amount of business obtained; or
(b) Any agent or representative of a society who devotes, or
intends to devote, less than fifty percent of their time to the
solicitation and procurement of insurance contracts for such
society: PROVIDED, That any person who in the preceding calendar
year has solicited and procured life insurance contracts on
behalf of any society in an amount of insurance in excess of
fifty thousand dollars shall be conclusively presumed to be
devoting, or intending to devote, fifty percent of the person's
time to the solicitation or procurement of insurance contracts
for such society.
[1987 c 366 § 33.]
RCW 48.36A.330
Insurance producers. (Effective July 1,
2009.)
(1) Insurance producers of societies shall be licensed in
accordance with the applicable provisions of chapter 48.17 RCW
regulating the licensing, revocation, suspension, or termination
of licenses of resident and nonresident insurance producers.
(2) The following individuals shall not be deemed an
insurance producer of a fraternal benefit society within the
provisions of subsection (1) of this section:
(a) Any regular salaried officer or employee of a licensed
society who devotes substantially all of their services to
activities other than the solicitation of fraternal insurance
contracts from the public, and who receives for the solicitation
of such contracts no commission or other compensation directly
dependent upon the amount of business obtained; or
(b) Any insurance producer or representative of a society
who devotes, or intends to devote, less than fifty percent of
their time to the solicitation and procurement of insurance
contracts for such society: PROVIDED, That any person who in the
preceding calendar year has solicited and procured life insurance
contracts on behalf of any society in an amount of insurance in
excess of fifty thousand dollars shall be conclusively presumed
to be devoting, or intending to devote, fifty percent of the
person's time to the solicitation or procurement of insurance
contracts for such society.
[2008 c 217 § 46; 1987 c 366 § 33.]
NOTES:
Severability -- Effective date -- 2008 c 217: See notes following RCW 48.03.020.