RCW 48.31.135
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/wa/title-48/chapter-48-31/48-31-135·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The amount recoverable by the commissioner from reinsurers may not be reduced as a result of the delinquency proceedings, regardless of any provision in the reinsurance contract or other agreement except as provided in RCW 48.31.290 . Payment made directly to an insured or other creditor does not diminish the reinsurer's obligation to the insurer's estate except when the reinsurance contract provided for direct coverage of a named insured and the payment was made in discharge of that obligation.
[ 1993 c 462 s 64 .]
Notes:
Severability — Implementation — 1993 c 462: See RCW 48.31B.901 and 48.31B.902 .