§ 48.98.005 Definitions
§ 48.98.010 Requirements for managing general agent — License — Bond — Errors and omissions policy
§ 48.98.015 Contract required between a managing general agent and an insurer — Minimum provisions
§ 48.98.020 Requirements for insurer — Audit, loss reserves, and on-site review of managing general agent — Notice to commissioner — Quarterly review of books and records — Board of director
§ 48.98.025 Examinations — Acts of a managing general agent are acts of the insurer
§ 48.98.030 Violations of chapter — Penalties — Judicial review
§ 48.98.035 Rule making
§ 48.98.040 Continued use of a managing general agent — Compliance with chapter
§ 48.98.900 Short title
§ 48.98.901 Severability — Implementation — 1993 c 462
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Terms Used In Washington Code > Chapter 48.98 - Managing general agents act

  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Fiduciary: A trustee, executor, or administrator.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.