RCW 48.155.030
105 words·~1 min read·
/wa/title-48/chapter-48-155/48-155-030·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Except under subsection
(3)of this section, before the commissioner issues a license to any person required to obtain a license under RCW 48.155.020 , the person seeking to operate a discount plan organization must have a net worth of at least one hundred fifty thousand dollars.
(2)At all times, except under subsection
(3)of this section, each discount plan organization must maintain a net worth of at least one hundred fifty thousand dollars.
(3)By rule of the commissioner, the amounts in subsections
(1)and
(2)of this section may be adjusted annually for inflation.
[ 2009 c 175 s 6 .]