Washington § 48.195.060 - Failure to timely file — Penalties.

Full text of Washington Revised Code of Washington § 48.195.060 — Failure to timely file — Penalties., with citation guidance and answers to common questions.

§ 48.195.060. Failure to timely file — Penalties.

Any insurer failing, without just cause, to timely file the corporate governance annual disclosure as required by this chapter is required, after notice and hearing under chapters 48.04 and 34.05 RCW, to pay a penalty of five hundred dollars for each day's delay, to be recovered by the commissioner and the penalty must be paid to the general fund of this state. The maximum penalty under this section is one hundred thousand dollars. The commissioner may reduce the penalty if the insurer demonstrates to the commissioner that the imposition of the penalty would constitute a financial hardship to the insurer.
[ 2018 c 30 s 7.]

Notes

Effective date—2018 c 30: See note following RCW 48.195.005.

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

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Frequently Asked Questions About Washington § 48.195.060

What does Revised Code of Washington § 48.195.060 cover?

Section 48.195.060 ("Failure to timely file — Penalties.") 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 § 48.195.060?

A common citation format is "Revised Code of Washington § 48.195.060" (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 § 48.195.060 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

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