Washington Statutes
§ 48.05.060 — "Capital funds" defined.
Washington § 48.05.060
This text of Washington § 48.05.060 ("Capital funds" defined.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 48.05.060 (2026).
Text
"Capital funds" means the excess of the assets of an insurer over its liabilities. Capital stock, if any, shall not be deemed to be a liability for the purposes of this section.
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Legislative History
[1947 c 79 s .05.06; Rem. Supp. 1947 s 45.05.06.]
Nearby Sections
15
§ 48.01.010
Short title.§ 48.01.020
Scope of code.§ 48.01.030
Public interest.§ 48.01.035
"Developmental disability" defined.§ 48.01.040
"Insurance" defined.§ 48.01.050
"Insurer" defined.§ 48.01.053
"Issuer" defined.§ 48.01.060
"Insurance transaction" defined.§ 48.01.070
"Person" defined.§ 48.01.080
Penalties.§ 48.01.100
Existing officers.§ 48.01.110
Existing licenses.§ 48.01.120
Existing insurance forms.§ 48.01.130
Existing actions, violations.§ 48.01.140
Headings.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 48.05.060, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.05.060.