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2015 Revised Code of Washington
Title 48 - INSURANCE
48.12 Assets and liabilities.
48.12.435 Assuming insurer not meeting certain requirements—Credit restricted.

WA Rev Code § 48.12.435 (2015) What's This?

RCW 48.12.435 Assuming insurer not meeting certain requirements—Credit restricted.

Credit is allowed when the reinsurance is ceded to an assuming insurer not meeting the requirements of RCW 48.12.410, 48.12.415, 48.12.420, 48.12.425, or 48.12.430, but only as to the insurance of risks located in jurisdictions where the reinsurance is required by applicable law or regulation of that jurisdiction.

[2015 c 63 § 8.]

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