Washington § 48.25.090 - Dividends.

Full text of Washington Revised Code of Washington § 48.25.090 — Dividends., with citation guidance and answers to common questions.

§ 48.25.090. Dividends.

If a participating policy, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the policy, and that dividends arising from such apportionment shall be credited annually beginning not later than the fifth contract year. This provision shall not prohibit the payment of additional dividends on default of payment of premiums or termination of the policy.
[1947 c 79 s .25.09; Rem. Supp. 1947 s 45.25.09.]

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Frequently Asked Questions About Washington § 48.25.090

What does Revised Code of Washington § 48.25.090 cover?

Section 48.25.090 ("Dividends.") 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 § 48.25.090?

A common citation format is "Revised Code of Washington § 48.25.090" (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 § 48.25.090 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.