Washington Statutes
§ 48.10.200 — Determination of financial condition.
Washington § 48.10.200
This text of Washington § 48.10.200 (Determination of financial condition.) 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 § 48.10.200 (2026).
Text
In determining the financial condition of a reciprocal insurer the commissioner shall apply the following rules:
(1)He or she shall charge as liabilities the same reserves as are required of incorporated insurers issuing nonassessable policies on a reserve basis.
(2)The surplus deposits of subscribers shall be allowed as assets, except that any premium deposit delinquent for ninety days shall first be charged against such surplus deposit.
(3)The surplus deposits of subscribers shall not be charged as a liability.
(4)All premium deposits delinquent less than ninety days shall be allowed as assets.
(5)An assessment levied upon subscribers, and not collected, shall not be allowed as an asset.
(6)The contingent liability of subscribers shall not be allowed as an asset.
(7)The com
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Legislative History
[2009 c 549 s 7043; 1947 c 79 s .10.20; Rem. Supp. 1947 s 45.10.20.]
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 § 48.10.200, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.10.200.