Washington Code 48.23.190 – Dividends — Annuities, pure endowments
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If such contract is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.
[1947 c 79 § .23.19; Rem. Supp. 1947 § 45.23.19.]
Terms Used In Washington Code 48.23.190
- Contract: A legal written agreement that becomes binding when signed.