Chapter 48.31B RCW

INSURER HOLDING COMPANY ACT

Sections

48.31B.005Definitions.
48.31B.010Domestic insurer may acquire subsidiariesAuthorized investmentsInsurer ceases to control subsidiaryDisposal of investment.
48.31B.015Control of insurerAcquisition, merger, or exchangePreacquisition notificationDivestment of controlling interestJurisdiction of courts.
48.31B.020Acquisition of insurerChange in controlDefinitionsExemptionsCompetitionPreacquisition notificationViolationsPenalties.
48.31B.025Registration with commissionerInformation requiredRule makingDisclaimer of affiliationAnnual enterprise risk reportFailure to file.
48.31B.030Insurer subject to registrationStandards for transactions within a holding company systemExtraordinary dividends or distributionsInsurer's surplusOfficers and directors.
48.31B.035Examination of insurersCommissioner may order production of informationFailure to complyCosts of examination.
48.31B.037Commissioner may participate in a supervisory collegePurposesCosts.
48.31B.038Confidentiality of certain documents, materials, or other informationPermitted uses.
48.31B.040Rule making.
48.31B.045Violations of chapterCommissioner may seek superior court order.
48.31B.050Violations of chapterFinesCivil forfeituresOrdersReferral to prosecuting attorneyImprisonmentOrders of supervision.
48.31B.055Violations of chapterImpairment of financial conditionCommissioner may take possession.
48.31B.060Order for liquidation or rehabilitationRecovery of distributions or paymentsPersonal liabilityMaximum amount recoverable.
48.31B.065Violations of chapterContrary to interests of policyholders or the publicSuspension, revocation, or nonrenewal of license.
48.31B.070Person aggrieved by actions of commissioner.
48.31B.900Short title.
48.31B.901Severability1993 c 462.
48.31B.902Implementation1993 c 462.
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