Washington § 48.05.470 Regulation of capital and surplus requirements is supplemental—Commissioner may grant exemptions.

Washington Statutes

§ 48.05.470 — Regulation of capital and surplus requirements is supplemental—Commissioner may grant exemptions.

Washington § 48.05.470

Title 48INSURANCE

Ch. 48.05INSURERS—GENERAL REQUIREMENTS

This text of Washington § 48.05.470 (Regulation of capital and surplus requirements is supplemental—Commissioner may grant exemptions.) 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 § 48.05.470 (2026).

Text

(1)The provisions of RCW 48.05.430 through * 48.05.490 are supplemental to any other provisions of the laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including, but not limited to, chapter 48.31 RCW.

(2)The commissioner may exempt any domestic property and casualty insurer from RCW 48.05.430 through * 48.05.490 , if the insurer:

(a)Writes direct business only in this state;

(b)Writes direct annual premiums of two million dollars or less; and

(c)Assumes no reinsurance in excess of five percent of direct premiums written. *Reviser's note: RCW 48.05.490 was repealed by 2006 c 25 s 11 .

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(1) The provisions of RCW 48.05.430 through * 48.05.490 are supplemental to any other provisions of the laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including, but not limited to, chapter 48.31 RCW.

(2) The commissioner may exempt any domestic property and casualty insurer from RCW 48.05.430 through * 48.05.490 , if the insurer:

(a) Writes direct business only in this state;

(b) Writes direct annual premiums of two million dollars or less; and

(c) Assumes no reinsurance in excess of five percent of direct premiums written.

*Reviser's note: RCW 48.05.490 was repealed by 2006 c 25 s 11 .