5682-S AAS 3/15/93 S2307.1

 

 

 

SSB 5682 - S AMD - 000079

By Senators Amondson, Sutherland, Moore and Oke

 

                                                   ADOPTED 3/15/93

 

    Strike everything after the enacting clause and insert the following:

 

    "NEW SECTION.  Sec. 1.  A new section is added to chapter 48.01 RCW to read as follows:

    This title does not apply to an organization that:

    (1) Operates as a nonprofit organization registered under chapter 19.09 RCW;

    (2) Produces a periodic publication that:

    (a) Suggests amounts publication subscribers may voluntarily give to other subscribers, with no assumption of risk or promise to pay either among the subscribers or between the subscribers and the publication;

    (b) Provides for the payment of subscriber financial or medical needs by payments directly from one subscriber to another; and

    (c) Discloses plainly in bold ink on the first page of any pamphlet, advertisement, questionnaire, enrollment, or subscription form:

 

"WARNING:  THIS IS NOT AN INSURANCE CONTRACT.  IF YOU ARE NOT HELPED WITH ANY OF YOUR NEEDS, YOU HAVE NO LEGAL RECOURSE AGAINST ANY OTHER SUBSCRIBER OR THE ORGANIZATION.  NO CONTRACT OF INSURANCE OR INDEMNIFICATION EXISTS EITHER IN FACT OR IMPLIED.";

 

    (3) Acts as an organizational clearinghouse for information between subscribers who have financial, physical, or medical needs and subscribers who choose to assist with those needs, matching subscribers with the present ability to pay with subscribers having a present financial or medical need; and

    (4) Receives subscription fees or other payments or charges of any kind annually from subscribers that do not exceed an amount equal to eight and thirty-four one-hundredths percent of the total suggested amounts to give published annually."

 

 

 

SSB 5682 - S AMD

By Senators Amondson, Sutherland, Moore and Oke

 

                                                   ADOPTED 3/15/93

 

    On page 1, line 1 of the title, after "48 RCW;" strike the remainder of the title and insert "and adding a new section to chapter 48.01 RCW."

 


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