Revised Code of Washington
Chapter 48.62 - Local Government Insurance Transactions.
48.62.141 - Insufficient assets—Program requirement.

RCW 48.62.141
Insufficient assets—Program requirement.

Every joint self-insurance program covering liability or property risks, excluding multistate programs governed by RCW 48.62.081 and nonprofit risk pools formed under *RCW 48.62.036 and chapter 48.180 RCW, shall provide for the contingent liability of participants in the program if assets of the program are insufficient to cover the program's liabilities.

[ 2015 c 109 § 4; 1991 sp.s. c 30 § 14.]
NOTES:

*Reviser's note: RCW 48.62.036 was repealed by 2015 c 109 § 18.

Structure Revised Code of Washington

Revised Code of Washington

Title 48 - Insurance

Chapter 48.62 - Local Government Insurance Transactions.

48.62.011 - Legislative intent—Construction.

48.62.021 - Definitions.

48.62.031 - Authority to self-insure—Options—Risk manager.

48.62.034 - Joint self-insurance program—Actions authorized.

48.62.037 - Board of pilotage commissioners—Participation in joint self-insurance program—Liability insurance coverage.

48.62.061 - Rule making by state risk manager—Standards.

48.62.071 - Program approval required—State risk manager—Plan of management and operation.

48.62.081 - Multistate program participants—Requirements.

48.62.091 - Program approval or disapproval—Procedures—Annual report.

48.62.101 - Access to information—Executive sessions—Public records act.

48.62.111 - Investments—Designated treasurer—Deposit requirements—Bond.

48.62.121 - General operating regulations—Employee remuneration—Governing control—School districts—Use of insurance producers and surplus line brokers—Health care services—Trusts.

48.62.123 - Existing benefit program established as a trust—Risk manager—Limited extension of deadline for compliance.

48.62.125 - Educational service districts—Rules—Superintendent of public instruction.

48.62.131 - Preexisting programs—Notice to state auditor.

48.62.141 - Insufficient assets—Program requirement.

48.62.151 - Insurance premium taxes—Exemption.

48.62.161 - Establishment of fee to cover costs—State risk manager.

48.62.171 - Dissemination of information—Civil immunity.

48.62.900 - Effective date, implementation, application—1991 sp.s. c 30.