Contingent liability as asset.

RCW 48.09.250
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Any contingent liability of members of a domestic mutual insurer to assessment does not constitute an asset of the insurer in any determination of its financial condition. Any contingent liability of members of a domestic mutual insurer to assessment does not constitute an asset of the insurer in any determination of its financial condition.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=48.09&full=trueFetched: 6/29/2026

Starting a business in Washington? Washington LLC guide: costs and requirements