Revised Code of Washington - RCW Title 48 Insurance - Section 48.43.205 Material acquisitions or dispositions

§ 48.43.205. Material acquisitions or dispositions

No acquisitions or dispositions of assets need be reported pursuant to RCW 48.43.200 if the acquisitions or dispositions are not material. For purposes of RCW 48.43.200 through 48.43.225, a material acquisition, or the aggregate of any series of related acquisitions during any thirty-day period; or disposition, or the aggregate of any series of related dispositions during any thirty-day period is an acquisition or disposition that is nonrecurring and not in the ordinary course of business and involves more than five percent of the reporting certified health plan's total assets as reported in its most recent statutory statement filed with the commissioner.

[1995 c 86 § 8.]

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Last modified: April 7, 2009