Washington Statutes

§ 48.10.320 — Distribution of assets upon liquidation.

Washington § 48.10.320
JurisdictionWashington
Title 48INSURANCE
Ch. 48.10RECIPROCAL INSURERS

This text of Washington § 48.10.320 (Distribution of assets upon liquidation.) 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 § 48.10.320 (2026).

Text

Upon the liquidation of a domestic reciprocal insurer, its assets remaining after discharge of its indebtedness and policy obligations, the return of any contribution of the attorney to its surplus made as provided in RCW 48.10.190 , and the return of any unused deposits, savings, or credits, shall be distributed to its subscribers who were such within the twelve months prior to the last termination of its certificate of authority according to such formula as may have been approved by the commissioner.

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Related

§ 48.10.190
Washington § 48.10.190

Legislative History

[1947 c 79 s .10.32; Rem. Supp. 1947 s 45.10.32.]

Nearby Sections

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Bluebook (online)
Washington § 48.10.320, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.10.320.