Tax.
The premium tax under chapter
48.14 RCW applies to insurance issued by risk retention groups. Failure to pay the tax when due is grounds for suspension or revocation of the registration of the risk retention group, in addition to other fines, penalties, interest, and other consequences provided by law or regulation.
[Statutory Authority: RCW
48.02.060 and
48.92.140. WSR 93-19-006 (Order R 93-10), ยง 284-92-460, filed 9/1/93, effective 10/2/93.]