Washington § 70A.325.050 Program design—Cost coverage.(Expires July 1, 2030.)

Washington Statutes

§ 70A.325.050 — Program design—Cost coverage.(Expires July 1, 2030.)

Washington § 70A.325.050

Title 70AENVIRONMENTAL HEALTH AND SAFETY

Ch. 70A.325UNDERGROUND PETROLEUM STORAGE TANKS

This text of Washington § 70A.325.050 (Program design—Cost coverage.(Expires July 1, 2030.)) 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 § 70A.325.050 (2026).

Text

The director may design the program to cover the costs incurred in determining whether a proposed applicant for pollution insurance under the program meets the underwriting standards of the insurer. In covering such costs the director shall consider the financial resources of the applicant, shall take into consideration the economic impact of the discontinued use of the applicant's storage tank upon the affected community, shall provide coverage within the revenue limits provided under this chapter, and shall limit coverage of such costs to the extent that coverage would be detrimental to providing affordable insurance under the program.

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The director may design the program to cover the costs incurred in determining whether a proposed applicant for pollution insurance under the program meets the underwriting standards of the insurer. In covering such costs the director shall consider the financial resources of the applicant, shall take into consideration the economic impact of the discontinued use of the applicant's storage tank upon the affected community, shall provide coverage within the revenue limits provided under this chapter, and shall limit coverage of such costs to the extent that coverage would be detrimental to providing affordable insurance under the program.