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    • Legislation USA
    • Revised Code of Washington
    • Title 48 - Insurance
    • Chapter 48.38 - Charitable Gift Annuity Business.
    • 48.38.012 - Minimum unrestricted net assets required.

    Revised Code of Washington
    Chapter 48.38 - Charitable Gift Annuity Business.
    48.38.012 - Minimum unrestricted net assets required.

    RCW 48.38.012
    Minimum unrestricted net assets required.

    After June 30, 1998, an insurer or institution which does not have the minimum unrestricted net assets required by RCW 48.38.010(6) may not issue any new charitable gift annuities until the insurer or institution has and maintains the minimum unrestricted net assets required by RCW 48.38.010(6).

    [ 1998 c 284 § 7.]

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    Structure Revised Code of Washington

    Revised Code of Washington

    Title 48 - Insurance

    Chapter 48.38 - Charitable Gift Annuity Business.

    48.38.010 - Certificate of exemption—Qualification for—Application, contents—Minimum unrestricted net assets—"Qualified actuary" defined.

    48.38.012 - Minimum unrestricted net assets required.

    48.38.020 - Separate reserve fund—Treatment of assets—Minimum amounts—Purchase of single premium life annuity.

    48.38.030 - Charitable annuity contract or policy form—Contents.

    48.38.040 - Certificate holder exempt from certain title provisions—Chapter 48.31 RCW applies.

    48.38.042 - Certificate holder—Variable annuity business prohibited.

    48.38.050 - Grounds for denial, revocation, or suspension of certificate of exemption—Fine may be levied.

    48.38.060 - Hearings and appeals provisions inapplicable.

    48.38.070 - Enforcement powers and duties.

    48.38.075 - Rules.

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