Wash. Rev. Code § 48.12.435

Current through 2024

Section 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, 48.12.462, 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.

RCW 48.12.435

Amended by 2021 c 138,§ 3, eff. 7/25/2021.

Added by 2015 c 63,§ 8, eff. 7/24/2015.