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

  1. Law
  2. Revised Code of Washington
  3. Insurance
  4. Alien Insurers.
  5. Trusteed assets—Trustee's statements—Commissioner's approval.

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(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.]


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