§ 48.46.605. Material acquisitions or dispositions
No acquisitions or dispositions of assets need be reported pursuant to RCW 48.46.600 if the acquisitions or dispositions are not material. For purposes of RCW 48.46.600 through 48.46.625, 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 health maintenance organization's total assets as reported in its most recent statutory statement filed with the commissioner.
[1995 c 86 § 20.]
Sections: Previous 48.46.535 48.46.540 48.46.565 48.46.570 48.46.575 48.46.580 48.46.600 48.46.605 48.46.610 48.46.615 48.46.620 48.46.625 48.46.900 48.46.910 48.46.920 NextLast modified: April 7, 2009