Chapter 48.09 RCW

MUTUAL INSURERS

Sections
Initial qualifications.
Additional kinds of insurance.
Minimum surplus.
Membership.
Rights of members.
Bylaws.
Notice of annual meeting.
VotingProxies.
DirectorsDisqualification.
Limitation of expenses as to property and casualty insurance.
Procedure upon violation of limitation.
Limitation of action on officer's salary.
Contingent liability of members.
Assessment of members.
Issuing a capital callNoticeInsurer's dutiesRules.
Contingent liability of members of assessment insurer.
Contingent liability as asset.
Liability as lien on policy reserves.
Nonassessable policies.
Qualification on issuance of nonassessable policies.
Revocation of right to issue nonassessable policies.
Dividends.
Nonparticipating policies.
Borrowed capital.
Repayment of borrowed capital.
Impairment of surplus.
Reorganization of mutual as stock insurerReinsuranceApproval.
Distribution of assets and ownership equities upon liquidation.
NOTES:
Dividends not to be guaranteed: RCW 48.30.100.
Merger or consolidation: RCW 48.31.010.
Organization of domestic insurers: Chapter 48.06 RCW.
Policy dividends are payable to real party in interest: RCW 48.18.340.
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