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- Title 48. Insurance
- Chapter 48.06. Organization of Domestic Insurers
RCW 48.06.170 Procedure On Failure to Complete Organization Or to Qualify
| Library | Washington Statutes |
| Edition | 2023 |
| Currency | Current through the 2023 1st Special Session |
| Year | 2023 |
| Citation | RCW 48.06.170 |
The commissioner shall withdraw all funds held in escrow and refund to subscribers or appl...
(1) the proposed insurer, corporation or syndicate fails to complete its organization and obtain full payment for subscriptions and applications, and, if an insurer, it fails to secure its certificate of authority, all before expiration of the solicitation permit; or
(2) the commissioner revokes the solicitation permit.
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