Revised Code of Washington - RCW Title 48 Insurance - Section 48.10.280 Time limit for assessment

§ 48.10.280. Time limit for assessment

Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment, as computed and limited in accordance with this chapter, if:

(1) While his policy is in force or within one year after its termination, he is notified by either the attorney or the commissioner of his intention to levy such assessment; or

(2) If an order to show cause why a receiver, conservator, rehabilitator, or liquidator of the insurer should not be appointed is issued pursuant to RCW 48.31.190 while his policy is in force or within one year after its termination.

[1947 c 79 § .10.28; Rem. Supp. 1947 § 45.10.28.]

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Last modified: April 7, 2009