State statute · Washington

Mutual Insurers (formation, membership, surplus, policyholder rights)

Chapter 48.09 RCW

Publisher: Washington State Legislature
Edition: Online RCW as last updated July 15, 2026
Last checked: 2026-09-17
Status: WA statutes, public domain

Edition and licensing notes

Publisher. Washington State Legislature (app.leg.wa.gov)

Edition. Online RCW as last updated July 15, 2026 (app.leg.wa.gov RCW landing page: "Last update: July 15, 2026").

Status. WA statutes, public domain (state government edict).

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What this document is

Chapter 48.09 RCW - Mutual Insurers (formation, membership, surplus, policyholder rights) is a state statute published by Washington State Legislature (app.leg.wa.gov). It is one of the Washington documents that insurance license exam questions are written from, including washington property & casualty, washington personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

RCW 48.09.120(1) (Rights of members)
“A domestic mutual insurer is owned by and shall be operated in the interest of its members.”
RCW 48.09.110(1), (2) (Membership)
“(1) Each holder of one or more insurance contracts issued by a domestic mutual insurer, other than a contract of reinsurance, is a member of the insurer, with the rights and obligations of such membership, and each insurance contract so issued shall effectively so stipulate. (2) Any person,...”
RCW 48.09.150(3) (Voting, Proxies)
“(3) No such proxy shall be valid beyond the earlier of the following dates: (a) The date of expiration set forth in the proxy; or (b) the date of termination of membership; or (c) five years from the date of execution of the proxy.”
RCW 48.09.220(1) (Contingent liability of members)
“Each member of a domestic mutual insurer, except as otherwise provided in this chapter, shall have a contingent liability, pro rata and not one for another, for the discharge of its obligations.”
RCW 48.09.130 (Bylaws)
“A domestic mutual insurer shall adopt bylaws for the conduct of its affairs. Such bylaws, or any modification thereof, shall forthwith be filed with the commissioner. The commissioner shall disapprove any such bylaws, or as so modified, if he or she finds after a hearing thereon, that it is not in...”
RCW 48.09.300(1), (2) and (3) (Dividends)
“(1) The directors of a domestic mutual insurer on the cash premium plan may from time to time apportion and pay to its members as entitled thereto, dividends only out of that part of its surplus funds which are in excess of its required minimum surplus and which represent net realized savings and...”
RCW 48.09.220(1), (2) and (3) (Contingent liability of members)
“(1) Each member of a domestic mutual insurer, except as otherwise provided in this chapter, shall have a contingent liability, pro rata and not one for another, for the discharge of its obligations. The contingent liability shall be in such maximum amount as is stated in the insurer's articles of...”

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Questions about this source

Chapter 48.09 RCW - Mutual Insurers (formation, membership, surplus, policyholder rights) is a state statute published by Washington State Legislature (app.leg.wa.gov). Edition: Online RCW as last updated July 15, 2026 (app.leg.wa.gov RCW landing page: "Last update: July 15, 2026")..

No. This page summarizes the document and links to the official version. Always rely on the text published by Washington State Legislature (app.leg.wa.gov) for the current law.

Practice questions for Washington Property & Casualty, Washington Personal Lines cite this document.

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