§ 48.09.010 Initial qualifications
§ 48.09.090 Additional kinds of insurance
§ 48.09.100 Minimum surplus
§ 48.09.110 Membership
§ 48.09.120 Rights of members
§ 48.09.130 Bylaws
§ 48.09.140 Notice of annual meeting
§ 48.09.150 Voting — Proxies
§ 48.09.160 Directors — Disqualification
§ 48.09.180 Limitation of expenses as to property and casualty insurance
§ 48.09.190 Procedure upon violation of limitation
§ 48.09.210 Limitation of action on officer’s salary
§ 48.09.220 Contingent liability of members
§ 48.09.230 Assessment of members
§ 48.09.235 Issuing a capital call — Notice — Insurer’s duties — Rules
§ 48.09.240 Contingent liability of members of assessment insurer
§ 48.09.250 Contingent liability as asset
§ 48.09.260 Liability as lien on policy reserves
§ 48.09.270 Nonassessable policies
§ 48.09.280 Qualification on issuance of nonassessable policies
§ 48.09.290 Revocation of right to issue nonassessable policies
§ 48.09.300 Dividends
§ 48.09.310 Nonparticipating policies
§ 48.09.320 Borrowed capital
§ 48.09.330 Repayment of borrowed capital
§ 48.09.340 Impairment of surplus
§ 48.09.350 Reorganization of mutual as stock insurer — Reinsurance — Approval
§ 48.09.360 Distribution of assets and ownership equities upon liquidation
§ 48.09.400 Definitions
§ 48.09.410 Conversion — Plan — Approval — Withdrawal — Confidentiality
§ 48.09.420 Conversion — Plan requirements
§ 48.09.430 Plan review — Experts — Hearing
§ 48.09.440 Mutual holding companies — As insurer — Interpretation — Dissolution — Membership — Articles of incorporation
§ 48.09.450 Concurrent reorganization
§ 48.09.460 Foreign mutual insurers — Reorganization

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Terms Used In Washington Code > Chapter 48.09 - Mutual insurers

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Quorum: The number of legislators that must be present to do business.
  • Subpoena: A command to a witness to appear and give testimony.
  • Trustee: A person or institution holding and administering property in trust.