48.35.110 Trusteed assets—Trustee's statements—Commissioner's approval.

WA Rev Code § 48.35.110 (2019) (N/A)
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RCW 48.35.110 Trusteed assets—Trustee's statements—Commissioner's approval.

(1) The trustee of trusteed assets shall file statements with the commissioner, in a form required by the commissioner, certifying the character and amount of the assets.

(2) If the trustee fails to file a requested statement after a reasonable time has expired, the commissioner may suspend or revoke the certificate of authority of the insurer required under RCW 48.05.030.

[ 1991 c 268 § 11.]