Washington Statutes

§ 48.10.230 — Subscribers' advisory committee.

Washington § 48.10.230
JurisdictionWashington
Title 48INSURANCE
Ch. 48.10RECIPROCAL INSURERS

This text of Washington § 48.10.230 (Subscribers' advisory committee.) 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 § 48.10.230 (2026).

Text

(1)The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under such rules as the subscribers adopt.
(2)Not less than three-fourths of such committee shall be composed of subscribers other than the attorney, or any person employed by, representing, or having a financial interest in the attorney.
(3)The committee shall:
(a)Supervise the finances of the insurer;
(b)supervise the insurer's operations to such extent as to assure their conformity with the subscribers' agreement and power of attorney;
(c)procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer;
(d)have such additional powers and functions as may be conferred by the subscribers' agreement.

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Legislative History

[1947 c 79 s .10.23; Rem. Supp. 1947 s 45.10.23.]

Nearby Sections

15
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Bluebook (online)
Washington § 48.10.230, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.10.230.