Washington § 48.74.080 - Procedure when specified methods of reserve determination unfeasible.

Full text of Washington Revised Code of Washington § 48.74.080 — Procedure when specified methods of reserve determination unfeasible., with citation guidance and answers to common questions.

§ 48.74.080. Procedure when specified methods of reserve determination unfeasible.

In the case of any plan of life insurance which provides for future premium determination, the amounts of which are to be determined by the insurance company based on then estimates of future experience, or in the case of any plan of life insurance or annuity which is of such a nature that the minimum reserves cannot be determined by the methods described in RCW 48.74.040 and 48.74.070, the reserves which are held under any such plan must, under regulations promulgated by the commissioner:
(1) Be appropriate in relation to the benefits and the pattern of premiums for that plan; and
(2) Be computed by a method which is consistent with the principles of this standard valuation law.
[ 1982 1st ex.s. c 9 s 8.]

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

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Frequently Asked Questions About Washington § 48.74.080

What does Revised Code of Washington § 48.74.080 cover?

Section 48.74.080 ("Procedure when specified methods of reserve determination unfeasible.") 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 § 48.74.080?

A common citation format is "Revised Code of Washington § 48.74.080" (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 § 48.74.080 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.

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