Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 48. INSURANCE |
Chapter 48.12. Assets and liabilities. |
Section 48.12.435. Assuming insurer not meeting certain requirements—Credit restricted.
Latest version.
- 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, 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.