{"data":{"id":"us-wa/rcw-48.08.040","jurisdiction":"us-wa","citation":"RCW 48.08.040","heading":"Illegal dividends, reductions—Penalty against directors.","body":"Any director of a domestic stock insurer who votes for or concurs in the declaration or payment of any dividend to stockholders or a reduction of capital stock not authorized by law shall, in addition to any other liability imposed by law, be guilty of a gross misdemeanor.","path":["Title 48","Chapter 48.08"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=48.08.040","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:11:41Z","sha256":"7c748560b0ace4a545546a8e8443496637178ff5c76689411cf631caffab62d0","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-48.08.030","next":"us-wa/rcw-48.08.050"},"notice":"GroundRules: Original legal text. Not legal advice."}