Wash. Admin. Code § 284-24D-290

Current through Register Vol. 24-21, November 1, 2024
Section 284-24D-290 - How are structured settlements reported?
(1) If a claim is paid with a structured settlement agreement, the reporting entity must report the lump-sum payment for the purchase of the annuity.
(2) If a claim is paid with a combination of a lump-sum payment to the claimant and a structured settlement, the reporting entity must report the sum of both payments.

Wash. Admin. Code § 284-24D-290

Statutory Authority: RCW 48.02.060, 48.140.060, and 7.70.140. 07-12-057 (Matter No. R 2006-02), § 284-24D-290, filed 6/4/07, effective 7/22/07.