{"data":{"id":"us-wa/rcw-48.07.050","jurisdiction":"us-wa","citation":"RCW 48.07.050","heading":"Directors—Qualifications—Removal.","body":"Not less than three-fourths of the directors of an incorporated domestic insurer shall be United States or Canadian citizens, and a majority of the board of directors of a mutual life insurer shall be residents of this state. The directors of a domestic insurer or domestic insurance holding corporation may be removed with cause by a vote of a majority of its voting capital stock or members (if a mutual insurer) at a valid meeting and said directors may be removed without cause by a vote of sixty-seven percent of its voting capital stock or members (if a mutual insurer) at a valid meeting.","path":["Title 48","Chapter 48.07"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=48.07.050","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:11:36Z","sha256":"d7ec78d76b27ce60f3ec915666ba033699d3b31c5590d436d6b09ae9ce71163e","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-48.07.040","next":"us-wa/rcw-48.07.060"},"notice":"GroundRules: Original legal text. Not legal advice."}
