Domestic risk retention groups—Formation.
A domestic risk retention group must be formed in compliance with chapter
48.06 RCW. It must meet the capital and surplus requirements applicable under RCW
48.05.340 to insurers transacting the kind or kinds of insurance that the domestic risk retention group proposes to transact. It must comply with the other requirements for domestic insurers and with chapter
48.92 RCW.
[Statutory Authority: RCW
48.02.060 and
48.92.140. WSR 93-19-006 (Order R 93-10), § 284-92-500, filed 9/1/93, effective 10/2/93.]