Washington Statutes
§ 48.155.030 — Minimum net worth.
Washington § 48.155.030
This text of Washington § 48.155.030 (Minimum net worth.) 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 § 48.155.030 (2026).
Text
(1)Except under subsection (3) of this section, before the commissioner issues a license to any person required to obtain a license under RCW 48.155.020 , the person seeking to operate a discount plan organization must have a net worth of at least one hundred fifty thousand dollars.
(2)At all times, except under subsection (3) of this section, each discount plan organization must maintain a net worth of at least one hundred fifty thousand dollars.
(3)By rule of the commissioner, the amounts in subsections (1) and (2) of this section may be adjusted annually for inflation.
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Related
§ 48.155.020
Washington § 48.155.020
Legislative History
[2009 c 175 s 6.]
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 § 48.155.030, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.155.030.