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Code · Washington · Title 48 — Insurance · Chapter 48.05

RCW 48.05.060

42 words·~1 min read·/wa/title-48/chapter-48-05/48-05-060·

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"Capital funds" means the excess of the assets of an insurer over its liabilities. Capital stock, if any, shall not be deemed to be a liability for the purposes of this section.
[1947 c 79 s .05.06; Rem. Supp. 1947 s 45.05.06.]
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