48.10.050 Insuring powers of reciprocals.

WA Rev Code § 48.10.050 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

RCW 48.10.050 Insuring powers of reciprocals.

(1) A reciprocal insurer may, upon qualifying therefor as provided by this code, transact any kind or kinds of insurance defined by this code, other than life or title insurances.

(2) A reciprocal insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance which it is authorized to transact direct.

[1947 c 79 § .10.05; Rem. Supp. 1947 § 45.10.05.]