{"data":{"id":"us-wa/rcw-48.05.130","jurisdiction":"us-wa","citation":"RCW 48.05.130","heading":"Certificate of authority—Mandatory refusal, revocation, suspension.","body":"The commissioner shall refuse to renew or shall revoke or suspend an insurer's certificate of authority, in addition to other grounds therefor in this code, if the insurer:\n(1) Is a foreign or alien insurer and no longer qualifies or meets the requirements for the authority; or, is a domestic mutual or domestic reciprocal insurer, and fails to make good a deficiency of assets as required by the commissioner.\n(2) Is a domestic stock insurer and has assets less in amount than its liabilities, including its capital stock as a liability, and has failed to make good such deficiency as required by the commissioner.\n(3) Knowingly exceeds its charter powers or its certificate of authority.","path":["Title 48","Chapter 48.05"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=48.05.130","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:11:20Z","sha256":"d1b94257bc28c2b42d19c5e9e5281c18a7957d766e6b22c91425ce6b582098a4","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-48.05.120","next":"us-wa/rcw-48.05.140"},"notice":"GroundRules: Original legal text. Not legal advice."}
