Washington § 48.180.010 - Definitions.

Full text of Washington Revised Code of Washington § 48.180.010 — Definitions., with citation guidance and answers to common questions.

§ 48.180.010. Definitions.

The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.
(1) "Nonprofit corporation" or "corporation" has the same meaning as defined in RCW 24.03A.010.
(2) "Property and liability risks" includes the risk of property damage or loss sustained by a nonprofit corporation and the risk of claims arising from the tortious or negligent conduct or any error or omission of the entity, its officers, employees, agents, or volunteers as a result of a claim that may be made against the entity.
(3) "Self-insurance" means a formal program of advance funding and management of entity financial exposure to a risk of loss that is not transferred through the purchase of an insurance policy or contract.
(4) "State risk manager" means the risk manager of the office of risk management within the department of enterprise services.
[ 2021 c 176 s 5230; 2015 c 109 s 6.]

Notes

Effective date—2021 c 176: See note following RCW 24.03A.005.

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Section 48.180.010 ("Definitions.") 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.

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