Washington § 48.23.120 - Reinstatement.

Full text of Washington Revised Code of Washington § 48.23.120 — Reinstatement., with citation guidance and answers to common questions.

§ 48.23.120. Reinstatement.

There shall be a provision that the policy may be reinstated at any time within three years after the date of default in the payment of any premium, unless the policy has been surrendered for its cash value, or the period of any extended insurance provided by the policy has expired, upon evidence of insurability satisfactory to the insurer and the payment of all overdue premiums, and payment (or, within the limits permitted by the then cash values of the policy, reinstatement) of any other indebtedness to the insurer upon the policy with interest as to premiums at a rate not exceeding six percent per annum compounded annually.
[ 1981 c 247 s 4; 1947 c 79 s .23.12; Rem. Supp. 1947 s 45.23.12.]

Notes

Purpose—Effective date—1981 c 247: See notes following RCW 48.23.085.

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Frequently Asked Questions About Washington § 48.23.120

What does Revised Code of Washington § 48.23.120 cover?

Section 48.23.120 ("Reinstatement.") 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 § 48.23.120?

A common citation format is "Revised Code of Washington § 48.23.120" (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 § 48.23.120 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.