2012 Revised Code of Washington
Title 48 - INSURANCE
48.06 Organization of domestic insurers.
48.06.020 Assessment mutuals prohibited -- Exceptions.
RCW 48.06.020 Assessment mutuals prohibited — Exceptions.
No insurer shall be formed or be authorized in this state to issue contracts of insurance the performance of which is contingent upon the payment of assessments, assessment premiums, or calls made upon its members. Mutual assessment property insurers and farm mutual assessment property insurers shall be the only exception to this provision.
[1947 c 79 § .06.02; Rem. Supp. 1947 § 45.06.02.]
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
