H-220                _______________________________________________

                                                     HOUSE BILL NO. 64

                        _______________________________________________

State of Washington                              50th Legislature                              1987 Regular Session

By Representatives Lux, Chandler and P. King

Read first time 1/15/87 and referred to Committee on Financial Institutions & Insurance.

AN ACT Relating to surety bonds required by statute; and adding a new section to chapter 48.18 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 48.18 RCW to read as follows:

          The provisions of this chapter, as they pertain to cancellation or nonrenewal of insurance policies, shall not apply to surety bonds required by statute.