Washington § 48.06.170 - Procedure on failure to complete organization or to qualify.

Full text of Washington Revised Code of Washington § 48.06.170 — Procedure on failure to complete organization or to qualify., with citation guidance and answers to common questions.

§ 48.06.170. Procedure on failure to complete organization or to qualify.

The commissioner shall withdraw all funds held in escrow and refund to subscribers or applicants all sums paid in on stock or syndicate subscriptions, less that part of such sums paid in on subscriptions as has been allowed and used for promotion and organization expenses, and all sums paid in on insurance applications, and shall dissolve the proposed insurer, corporation or syndicate if
(1) the proposed insurer, corporation or syndicate fails to complete its organization and obtain full payment for subscriptions and applications, and, if an insurer, it fails to secure its certificate of authority, all before expiration of the solicitation permit; or
(2) the commissioner revokes the solicitation permit.
[1947 c 79 s .06.17; Rem. Supp. 1947 s 45.06.17.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 48.06.170

What does Revised Code of Washington § 48.06.170 cover?

Section 48.06.170 ("Procedure on failure to complete organization or to qualify.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 48.06.170?

A common citation format is "Revised Code of Washington § 48.06.170" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.06.170 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.