Washington § 48.16.020 - Deposits to be held in trust.

Full text of Washington Revised Code of Washington § 48.16.020 — Deposits to be held in trust., with citation guidance and answers to common questions.

§ 48.16.020. Deposits to be held in trust.

Each such deposit shall be held by the commissioner in trust for the protection of all policyholders in the United States of the insurer making it; except that deposits of alien insurers shall be so held for the security of such insurer's obligations arising out of its insurance transactions in the United States, and except as to deposits the purpose of which may be further limited pursuant to the retaliatory provision, RCW 48.14.040.
[ 1955 c 86 s 4; 1947 c 79 s .16.02; Rem. Supp. 1947 s 45.16.02.]

Notes

Effective date—Supervision of transfer—1955 c 86: See notes following RCW 48.05.080.

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

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Frequently Asked Questions About Washington § 48.16.020

What does Revised Code of Washington § 48.16.020 cover?

Section 48.16.020 ("Deposits to be held in trust.") 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 § 48.16.020?

A common citation format is "Revised Code of Washington § 48.16.020" (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 § 48.16.020 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.