RCW 48.10.230
133 words·~1 min read·
/wa/title-48/chapter-48-10/48-10-230·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under such rules as the subscribers adopt.
(2)Not less than three-fourths of such committee shall be composed of subscribers other than the attorney, or any person employed by, representing, or having a financial interest in the attorney.
(3)The committee shall:
(a)Supervise the finances of the insurer;
(b)supervise the insurer's operations to such extent as to assure their conformity with the subscribers' agreement and power of attorney;
(c)procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer;
(d)have such additional powers and functions as may be conferred by the subscribers' agreement.
[1947 c 79 s .10.23; Rem. Supp. 1947 s 45.10.23.]