Wash. Rev. Code § 48.31.320

Current through 2024

Section 48.31.320 - Report for assessment

Within three years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the commissioner may make a report to the court setting forth

(1) the reasonable value of the assets of the insurer;

(2) the insurer's probable liabilities; and

(3) the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.

RCW 48.31.320

1947 c 79 § .31.32; Rem. Supp. 1947 § 45.31.32.