Washington Statutes

§ 48.25.090 — Dividends.

Washington § 48.25.090
JurisdictionWashington
Title 48INSURANCE
Ch. 48.25INDUSTRIAL LIFE INSURANCE

This text of Washington § 48.25.090 (Dividends.) 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 § 48.25.090 (2026).

Text

If a participating policy, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the policy, and that dividends arising from such apportionment shall be credited annually beginning not later than the fifth contract year. This provision shall not prohibit the payment of additional dividends on default of payment of premiums or termination of the policy.

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Legislative History

[1947 c 79 s .25.09; Rem. Supp. 1947 s 45.25.09.]

Nearby Sections

15
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Bluebook (online)
Washington § 48.25.090, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.25.090.