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§ 48-05-060 — Washington Law | CourtGPT
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  5. Chapter 48.05 - Insurers—general Requirements.48.05.010 - "Domestic," "Foreign," "Alien" Insurers Defined/
  6. § 48-05-060
Washington Legal Code

§ 48-05-060

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RCW 48.05.060'Capital funds' defined.'Capital funds' means the excess of the assets of an insurer over its liabilities. Capital stock, if any, shall not be deemed to be a liability for the purposes of this section.[1947 c 79 s .05.06; Rem. Supp. 1947 s 45.05.06.]