Washington § 48.23.500 - Calculation of benefits available other than on contract anniversary.

Full text of Washington Revised Code of Washington § 48.23.500 — Calculation of benefits available other than on contract anniversary., with citation guidance and answers to common questions.

§ 48.23.500. Calculation of benefits available other than on contract anniversary.

Any paid-up annuity, cash surrender, or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs.
[ 1982 1st ex.s. c 9 s 30.]

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

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Frequently Asked Questions About Washington § 48.23.500

What does Revised Code of Washington § 48.23.500 cover?

Section 48.23.500 ("Calculation of benefits available other than on contract anniversary.") 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 § 48.23.500?

A common citation format is "Revised Code of Washington § 48.23.500" (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 § 48.23.500 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.