Washington § 48.09.310 - Nonparticipating policies.

Full text of Washington Revised Code of Washington § 48.09.310 — Nonparticipating policies., with citation guidance and answers to common questions.

§ 48.09.310. Nonparticipating policies.

(1) If its articles of incorporation so provide, a domestic mutual insurer on the cash premium plan may, while it is authorized to issue policies without contingent liability to assessment, issue policies not entitled to participate in the insurer's savings and earnings.
(2) Such insurer shall not issue in this state both participating and nonparticipating policies for the same class of risks; except, that both participating and nonparticipating life insurance policies may be issued if the right or absence of the right to participate is reasonably related to the premium charged.
[1947 c 79 s .09.31; Rem. Supp. 1947 s 45.09.31.]

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Frequently Asked Questions About Washington § 48.09.310

What does Revised Code of Washington § 48.09.310 cover?

Section 48.09.310 ("Nonparticipating policies.") 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 § 48.09.310?

A common citation format is "Revised Code of Washington § 48.09.310" (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 § 48.09.310 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.