51.14.150  <<  51.14.160 >>   51.14.300

School districts, ESDs, or hospitals as self-insurersRulesScope.

The director shall promulgate rules to carry out the purposes of RCW 51.14.150:
(1) Governing the formation of self-insurance groups for the purposes of this chapter;
(2) Governing the organization and operation of the groups to assure their compliance with the requirements of this chapter;
(3) Requiring adequate monetary reserves, determined under accepted actuarial practices, to be maintained by each group to assure financial solvency of the group; and
(4) Requiring each group to carry adequate reinsurance.

NOTES:

Severability1982 c 191: See note following RCW 28A.335.210.
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