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PDFWAC 200-160-170

Standards for operationsStandards for solvencyTermination provisions.

(1) Program terminations. All joint self-insurance programs shall maintain a written plan that provides for the partial or complete termination of the program and for liquidation of its assets upon termination of the program. The termination procedure shall include, but not be limited to, a provision for the settling of all its liabilities for unpaid claims and claim adjustment expenses.
(2) Member terminations. All joint self-insurance programs shall maintain a written plan that provides for the termination of membership of a member.
[Statutory Authority: RCW 48.190.040 and 43.19.011. WSR 18-09-086, § 200-160-170, filed 4/17/18, effective 5/18/18.]
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