Contingent liability as asset.

  1. Law
  2. Revised Code of Washington
  3. Insurance
  4. Mutual Insurers.
  5. Contingent liability as asset.

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Any contingent liability of members of a domestic mutual insurer to assessment does not constitute an asset of the insurer in any determination of its financial condition.

[ 1949 c 190 § 11; 1947 c 79 § .09.25; Rem. Supp. 1949 § 45.09.25.]


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