RCW 48.32.010
Purpose.
The purpose of this chapter is to provide a mechanism for the payment of covered claims to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders under certain policies of insurance covered by the scope of this chapter because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies, and to provide an association to assess the cost of such protection among insurers.
[ 2005 c 100 § 1; 1971 ex.s. c 265 § 1.]
Structure Revised Code of Washington
Chapter 48.32 - Washington Insurance Guaranty Association Act.
48.32.040 - Creation of the association—Required accounts.
48.32.050 - Board of directors.
48.32.060 - Powers and duties of the association.
48.32.070 - Plan of operation.
48.32.080 - Duties and powers of the commissioner.
48.32.090 - Effect of paid claims.
48.32.100 - Nonduplication of recovery.
48.32.110 - Prevention of insolvencies.
48.32.120 - Examination of the association.
48.32.145 - Credit against premium tax for assessments paid pursuant to RCW 48.32.060(1)(c).
48.32.160 - Stay of proceedings—Setting aside judgment.
48.32.170 - Termination, distribution of fund.
48.32.901 - Effective date—2005 c 100.