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Code · Washington · Title 48 — Insurance · Chapter 48.09

RCW 48.09.260

80 words·~1 min read·/wa/title-48/chapter-48-09/48-09-260·

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As to life insurance, any portion of an assessment of contingent liability upon a policyholder which remains unpaid following notice of such assessment, demand for payment, and lapse of a reasonable waiting period as specified in such notice, may, if approved by the commissioner, be secured by placing a lien on the reserves held by the insurer to the credit of such policyholder.
[ 1949 c 190 s 12 ; 1947 c 79 s .09.26; Rem. Supp. 1949 s 45.09.26.]
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