§ 51.44.140. Self-insurer deposits into reserve fund -- Accounts within fund -- Surpluses and deficits
Each self-insurer shall make such deposits, into the reserve fund, as the department shall require pursuant to RCW 51.44.070, as are necessary to guarantee the payments of the pensions established pursuant to RCW 51.32.050 and 51.32.060.
Each self-insurer shall have an account within the reserve fund. Each such account shall be credited with its proportionate share of interest or other earnings as determined in RCW 51.44.080.
Each such account in the reserve fund shall be experted by the insurance commissioner as required in RCW 51.44.080. Any surpluses shall be forthwith returned to the respective self-insurers, and each deficit shall forthwith be made good to the reserve fund by the self-insurer.
[1972 ex.s. c 43 § 30; 1971 ex.s. c 289 § 58.]
Sections: Previous 51.44.040 51.44.050 51.44.060 51.44.070 51.44.080 51.44.090 51.44.100 51.44.110 51.44.115 51.44.120 51.44.140 51.44.142 51.44.150 51.44.160 51.44.170 NextLast modified: April 7, 2009