Washington Code 48.35.110 – Trusteed assets — Trustee’s statements — Commissioner’s approval
Current as of: 2023 | Check for updates
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(1) The trustee of trusteed assets shall file statements with the commissioner, in a form required by the commissioner, certifying the character and amount of the assets.
Terms Used In Washington Code 48.35.110
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trustee: A person or institution holding and administering property in trust.
(2) If the trustee fails to file a requested statement after a reasonable time has expired, the commissioner may suspend or revoke the certificate of authority of the insurer required under RCW 48.05.030.
[ 1991 c 268 § 11.]