Washington § 48.94.050 - Violations of chapter — Penalties — Judicial review.

Full text of Washington Revised Code of Washington § 48.94.050 — Violations of chapter — Penalties — Judicial review., with citation guidance and answers to common questions.

§ 48.94.050. Violations of chapter — Penalties — Judicial review.

(1) A reinsurance intermediary, insurer, or reinsurer found by the commissioner, after a hearing conducted in accordance with chapters 48.17 and 34.05 RCW, to be in violation of any provision of this chapter, shall:
(a) For each separate violation, pay a penalty in an amount not exceeding five thousand dollars;
(b) Be subject to revocation or suspension of its license; and
(c) If a violation was committed by the reinsurance intermediary, make restitution to the insurer, reinsurer, rehabilitator, or liquidator of the insurer or reinsurer for the net losses incurred by the insurer or reinsurer attributable to the violation.
(2) The decision, determination, or order of the commissioner under subsection (1) of this section is subject to judicial review under this title and chapter 34.05 RCW.
(3) Nothing contained in this section affects the right of the commissioner to impose any other penalties provided in this title.
(4) Nothing contained in this chapter is intended to or in any manner limits or restricts the rights of policyholders, claimants, creditors, or other third parties or confer any rights to those persons.
[ 1993 c 462 s 32.]

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

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Frequently Asked Questions About Washington § 48.94.050

What does Revised Code of Washington § 48.94.050 cover?

Section 48.94.050 ("Violations of chapter — Penalties — Judicial review.") 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 § 48.94.050?

A common citation format is "Revised Code of Washington § 48.94.050" (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 § 48.94.050 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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