RCW 51.14.160
103 words·~1 min read·
/wa/title-51/chapter-51-14/51-14-160·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The director shall promulgate rules to carry out the purposes of RCW 51.14.150 :
(1)Governing the formation of self-insurance groups for the purposes of this chapter;
(2)Governing the organization and operation of the groups to assure their compliance with the requirements of this chapter;
(3)Requiring adequate monetary reserves, determined under accepted actuarial practices, to be maintained by each group to assure financial solvency of the group; and
(4)Requiring each group to carry adequate reinsurance.
[ 1983 c 174 s 3 ; 1982 c 191 s 8 .]
Notes:
Severability — 1982 c 191: See note following RCW 28A.335.210 .