CERTIFICATION OF ENROLLMENT

                        HOUSE BILL 1729

                    Chapter 91, Laws of 2001

                        57th Legislature

                2001 Regular Legislative Session

SURPLUS LINE BROKERS

                    EFFECTIVE DATE:  7/22/01

Passed by the House March 9, 2001   Yeas 98   Nays 0               FRANK CHOPP Speaker of the House of Representatives              CLYDE BALLARD Speaker of the House of Representatives Passed by the Senate April 6, 2001   Yeas 47   Nays 0

CERTIFICATE We, Timothy A. Martin and Cynthia Zehnder, Co-Chief Clerks of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1729  as passed by the House of Representatives and the Senate on the dates hereon set forth.            CYNTHIA ZEHNDER                           Chief Clerk           TIMOTHY A. MARTIN                           Chief Clerk

BRAD OWEN President of the Senate

Approved April 19, 2001 Place Style On Codes above, and Style Off Codes below.	FILED                            April 19, 2001 - 5:05 p.m.
GARY LOCKE Governor of the State of Washington	Secretary of State                  State of Washington

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                          HOUSE BILL 1729

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             Passed Legislature - 2001 Regular Session

State of Washington      57th Legislature     2001 Regular Session

By Representatives Benson, Hatfield, McIntire, Cairnes, Roach, Simpson and Keiser

Read first time 02/01/2001.  Referred to Committee on Financial Institutions & Insurance.

Licensing surplus line brokers. 

    AN ACT Relating to licensing surplus line brokers; and adding a new section to chapter 48.15 RCW.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 48.15 RCW to read as follows:

    (1) The commissioner may license as a surplus line broker a person who is otherwise qualified under this code but who is not a resident of this state, if by the laws of the state or province of his or her residence or domicile a similar privilege is extended to residents of this state.

    (2) A person under subsection (1) of this section must meet the same qualifications, other than residency, as any other person seeking to be licensed as a surplus line broker under this chapter.  A person granted a nonresident surplus line broker's license must have all the same responsibilities as any other surplus line broker and is subject to the (a) commissioner's supervision as though resident in this state and (b) rules adopted under this chapter.

    Passed the House March 9, 2001.

    Passed the Senate April 6, 2001.

Approved by the Governor April 19, 2001.

    Filed in Office of Secretary of State April 19, 2001.