Revised Code of Washington - RCW Title 48 Insurance - Section 48.19.240 Rules cannot affect dividends

§ 48.19.240. Rules cannot affect dividends

No rating organization shall adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.

[1947 c 79 § .19.24; Rem. Supp. 1947 § 45.19.24.]

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Last modified: April 7, 2009