reglab/housing_qa huggingface dataset:
WA Rev Code § 48.13.350 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.350 - Written record of investments—Contents.

RCW 48.13.350 Written record of investments—Contents.A written record of each investment or loan of the funds of a domestic insurer shall contain:(1) In the case of loans: The name of the borrower; the location and legal description of the property; a physical description, and the appraised value of the security; the amount of the loan, rate of interest and terms of repayment.(2) In the case of securities: The name of the obligor; a description of the security and the record of earnings; the amount invested, the rate of interest or dividend, the maturity and yield based upon the purchase price.(3) In the case of real estate: The location and legal description of the property; a physical description and the appraised value; the purchase price and terms.(4) In the case of all investments:(a) The amount of expenses and commissions if any incurred on account of any investment or loan and by whom and to whom payable if not covered by contracts with mortgage loan representatives or correspondents which are part of the insurer's records.(b) The name of any officer or director of the insurer having any direct, indirect, or contingent interest in the securities or loan representing the investment, or in the assets of the person in whose behalf the investment or loan is made, and the nature of such interest.[ 2011 c 188 § 20; 2009 c 549 § 7055; 1949 c 190 § 20; 1947 c 79 § .13.35; Rem. Supp. 1949 § 45.13.35.]
WA Rev Code § 48.13.360 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.360 - Investments of foreign and alien insurers.

RCW 48.13.360 Investments of foreign and alien insurers.The investments of a foreign or alien insurer shall be as permitted by the laws of its domicile but shall be of a quality substantially as high as those required under this chapter for similar funds of like domestic insurers.[1947 c 79 § .13.36; Rem. Supp. 1947 § 45.13.36.]
WA Rev Code § 48.13.455 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.455 - Safeguarding securities—Deposit in a clearing corporation—Certificates—Records.

RCW 48.13.455 Safeguarding securities—Deposit in a clearing corporation—Certificates—Records.Notwithstanding any other provision of law, a domestic insurance company may deposit or arrange for the deposit of securities held in or purchased for its general account and its separate accounts in a clearing corporation. When securities are deposited with a clearing corporation, securities certificates representing securities of the same class of the same issuer may be merged and held in bulk in the name of the nominee of such clearing corporation with any other securities deposited with such clearing corporation by any person, regardless of the ownership of such securities, and securities certificates representing securities of small denominations may be merged into one or more certificates of larger denominations. The records of any custodian through which an insurance company holds securities shall at all times show that such securities are held for such insurance company and for which accounts thereof. Ownership of, and other interests in, such securities may be transferred by bookkeeping entry on the books of such clearing corporation without physical delivery of securities certificates representing such securities.[ 2008 c 234 § 2; 2000 c 221 § 2.]
WA Rev Code § 48.13.460 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.460 - Safeguarding securities—Authorized methods of holding securities.

RCW 48.13.460 Safeguarding securities—Authorized methods of holding securities.The following are the only authorized methods of holding securities:(1) A domestic insurance company may hold securities in definitive certificates;(2) A domestic insurance company may, pursuant to an agreement, designate a custodian through which it can transact and maintain book-entry securities on behalf of the insurance company; or(3) A domestic insurance company may, pursuant to an agreement, participate in depository systems of clearing corporations directly or through a custodian .[ 2008 c 234 § 3; 2000 c 221 § 3.]
WA Rev Code § 48.13.465 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.465 - Safeguarding securities—Requirement to receive a confirmation.

RCW 48.13.465 Safeguarding securities—Requirement to receive a confirmation.A domestic insurance company using the methods of holding securities under RCW 48.13.460 (2) or (3) is required to receive a confirmation from:(1) The custodian whenever securities are received or surrendered pursuant to the domestic insurance company's instructions to a securities broker; or(2) The securities broker provided that the domestic insurance company has given the custodian and the securities broker matching instructions authorizing the transaction, which have been confirmed by the custodian prior to surrendering funds or securities to conduct the transaction.[ 2008 c 234 § 4; 2000 c 221 § 4.]
WA Rev Code § 48.13.470 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.470 - Safeguarding securities—Broker executing a trade—Time limits.

RCW 48.13.470 Safeguarding securities—Broker executing a trade—Time limits.(1) A broker executing a securities trade pursuant to an order from a domestic insurance company shall send confirmation to the domestic insurance company or the clearing corporation confirming the order has been executed within twenty-four hours after order completion.(2) A broker may not hold in its own account for longer than seventy-two hours any securities bought or sold pursuant to an order from a domestic insurance company.[ 2000 c 221 § 5.]
WA Rev Code § 48.13.475 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.475 - Safeguarding securities—Maintenance with a custodian—Commissioner may order transfer—Challenge to order—Standing at hearing or for judicial review.

RCW 48.13.475 Safeguarding securities—Maintenance with a custodian—Commissioner may order transfer—Challenge to order—Standing at hearing or for judicial review.(1) Notwithstanding the maintenance of securities with a custodian pursuant to agreement, if the commissioner:(a) Has reasonable cause to believe that the domestic insurer:(i) Is conducting its business and affairs in such a manner as to threaten to render it insolvent;(ii) Is in a hazardous condition or is conducting its business and affairs in a manner that is hazardous to its policyholders, creditors, or the public; or(iii) Has committed or is committing or has engaged or is engaging in any act that would constitute grounds for rendering it subject to rehabilitation or liquidation proceedings; or(b) Determines that irreparable loss and injury to the property and business of the domestic insurer has occurred or may occur unless the commissioner acts immediately;then the commissioner may, without hearing, order the insurer and the custodian promptly to effect the transfer of the securities to another custodian approved by the commissioner. Upon receipt of the order, the custodian shall promptly effect the transfer of the securities. Notwithstanding the pendency of any hearing or request for hearing, the order shall be complied with by those persons subject to that order. Any challenge to the validity of the order shall be made under chapter 48.04 RCW, however, the stay of action provisions of RCW 48.04.020 do not apply. It is the responsibility of both the insurer and the custodian to oversee that compliance with the order is completed as expeditiously as possible. Upon receipt of an order, there shall be no trading of the securities without specific instructions from the commissioner until the securities are received by the new custodian, except to the extent trading transactions are in process on the day the order is received by the insurer and the failure to complete the trade may result in loss to the insurer's account. Issuance of an order does not affect the custodian's liabilities with regard to the securities that are the subject of the order.(2) No person other than the insurer has standing at the hearing by the commissioner or for any judicial review of the order.[ 2008 c 234 § 5; 2000 c 221 § 6.]
WA Rev Code § 48.13.490 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.490 - Safeguarding securities—Rules.

RCW 48.13.490 Safeguarding securities—Rules.The commissioner may adopt rules governing the deposit by insurance companies of securities with clearing corporations, including establishing standards for national banks, state banks, trust companies, and brokers/dealers to qualify as custodians for insurance company securities.[ 2008 c 234 § 6; 2000 c 221 § 7.]
WA Rev Code § 48.13.900 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.13 - Investments.|48.13.900 - Effective date—2011 c 188.

RCW 48.13.900 Effective date—2011 c 188.This act takes effect July 1, 2012.[ 2011 c 188 § 24.]
WA Rev Code § 48.14.021 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.021 - Reduction of tax—Policies connected with pension, etc., plans exempt or qualified under internal revenue code.

RCW 48.14.021 Reduction of tax—Policies connected with pension, etc., plans exempt or qualified under internal revenue code.As to premiums received from policies or contracts issued in connection with a pension, annuity or profit-sharing plan exempt or qualified under sections 401, 403(b), 404, 408(b), or 501(a) of the United States internal revenue code, the rate of tax specified in RCW 48.14.020 shall be reduced twelve and one-half percent with respect to the tax payable in 1964, twenty-five percent with respect to the tax payable in 1965, thirty-seven and one-half percent with respect to the tax payable in 1966, fifty percent with respect to the tax payable in 1967, sixty-two and one-half percent with respect to the tax payable in 1968, seventy-five percent with respect to the tax payable in 1969, eighty-seven and one-half percent with respect to the tax payable in 1970, and one hundred percent with respect to the tax payable in 1971 and annually thereafter.[1975-'76 2nd ex.s. c 119 § 1; 1974 ex.s. c 132 § 1; 1963 c 166 § 1.]
WA Rev Code § 48.14.022 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.022 - Taxes—Exemptions and deductions.

RCW 48.14.022 Taxes—Exemptions and deductions.(1) The taxes imposed in RCW 48.14.020 and 48.14.0201 do not apply to premiums and prepayments collected or received for policies of insurance issued under RCW 48.41.010 through 48.41.210.(2) In computing tax due under RCW 48.14.020 and 48.14.0201, there may be deducted from taxable premiums and prepayments the amount of any assessment against the taxpayer under RCW 48.41.010 through 48.41.210. Any portion of the deduction allowed in this section which cannot be deducted in a tax year without reducing taxable premiums below zero may be carried forward and deducted in successive years until the deduction is exhausted.[ 1995 c 304 § 1; 1987 c 431 § 23.]NOTES:Effective date—1995 c 304: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately [May 9, 1995]." [ 1995 c 304 § 2.]
WA Rev Code § 48.14.025 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.025 - Prepayment of tax obligations under RCW 48.14.020.

RCW 48.14.025 Prepayment of tax obligations under RCW 48.14.020.(1) Every insurer with a tax obligation under RCW 48.14.020 shall make prepayment of the tax obligations under RCW 48.14.020 for the current calendar year's business, if the sum of the tax obligations under RCW 48.14.020 for the preceding calendar year's business is four hundred dollars or more.(2) The commissioner shall credit the prepayment toward the appropriate tax obligations of the insurer for the current calendar year under RCW 48.14.020.(3) The minimum amounts of the prepayments shall be percentages of the insurer's preceding calendar year's tax obligation recomputed using the rate in effect for the current year and shall be paid to the state treasurer through the commissioner's office by the due dates and in the following amounts:(a) On or before June 15, forty-five percent;(b) On or before September 15, twenty-five percent; and(c) On or before December 15, twenty-five percent.For good cause demonstrated in writing, the commissioner may approve an amount smaller than the preceding calendar year's tax obligation as recomputed for calculating the insurer's prepayment obligations.(4) The effect of transferring policies of insurance from one insurer to another insurer is to transfer the tax prepayment obligation with respect to the policies.(5) On or before June 1 of each year, the commissioner shall notify each insurer required to make prepayments in that year of the amount of each prepayment and shall provide remittance forms to be used by the insurer. However, an insurer's responsibility to make prepayments is not affected by failure of the commissioner to send, or the insurer to receive, the notice or forms.[ 1986 c 296 § 2; 1982 c 181 § 4; 1981 c 6 § 1.]NOTES:Severability—Effective date—1986 c 296: See notes following RCW 48.14.020.Severability—1982 c 181: See note following RCW 48.03.010.
WA Rev Code § 48.14.027 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.027 - Exemption for state health care premiums before July 1, 1990.

RCW 48.14.027 Exemption for state health care premiums before July 1, 1990.The taxes imposed in RCW 48.14.020 do not apply to premiums collected or received before July 1, 1990, for medical and dental coverage purchased under chapter 41.05 RCW.[ 1988 c 107 § 32.]NOTES:Implementation—Effective dates—1988 c 107: See RCW 41.05.901.
WA Rev Code § 48.14.030 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.030 - Tax statement.

RCW 48.14.030 Tax statement.The insurer shall file with the commissioner as part of its annual statement a statement of premiums so collected or received according to such form as shall be prescribed and furnished by the commissioner. In every such statement the reporting of premiums for tax purposes shall be on a written basis or on a paid-for basis consistent with the basis required by the annual statement.[1947 c 79 § .14.03; Rem. Supp. 1947 § 45.14.03.]
WA Rev Code § 48.14.040 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.040 - Retaliatory provision.

RCW 48.14.040 Retaliatory provision.(1) If pursuant to the laws of any other state or country, any taxes, licenses, fees, deposits, or other obligations or prohibitions, in the aggregate, or additional to or at a net rate in excess of any such taxes, licenses, fees, deposits or other obligations or prohibitions imposed by the laws of this state upon like foreign or alien insurers and their appointed insurance producers or title insurance agents, are imposed on insurers of this state and their appointed insurance producers or title insurance agents doing business in such other state or country, a like rate, obligation or prohibition may be imposed by the commissioner, as to any item or combination of items involved, upon all insurers of such other state or country and their appointed insurance producers or title insurance agents doing business in this state, so long as such laws remain in force or are so applied.(2) For the purposes of this section, an alien insurer may be deemed to be domiciled in the state wherein it has established its principal office or agency in the United States. If no such office or agency has been established, the domicile of the alien insurer shall be deemed to be the country under the laws of which it is formed.(3) For the purposes of this section, the regulatory and insurance fraud surcharges imposed by RCW 48.02.190 shall not be included in the calculation of any retaliatory taxes, licenses, fees, deposits, or other obligations or prohibitions imposed under this section.[ 2020 c 195 § 3; 2008 c 217 § 7; 2007 c 153 § 4; 1988 c 248 § 8; 1949 c 190 § 21, part; 1947 c 79 § .14.04; Rem. Supp. 1949 § 45.14.04.]NOTES:Findings—Effective date—2020 c 195: See notes following RCW 48.02.190.Severability—Effective date—2008 c 217: See notes following RCW 48.03.020.
WA Rev Code § 48.14.060 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.060 - Failure to pay tax—Penalty.

RCW 48.14.060 Failure to pay tax—Penalty.(1) Any insurer or taxpayer, as defined in RCW 48.14.0201, failing to file its tax statement and to pay the specified tax or prepayment of tax on premiums and prepayments for health care services by the last day of the month in which the tax becomes due shall be assessed a penalty of five percent of the amount of the tax; and if the tax is not paid within forty-five days after the due date, the insurer will be assessed a total penalty of ten percent of the amount of the tax; and if the tax is not paid within sixty days of the due date, the insurer will be assessed a total penalty of twenty percent of the amount of the tax. The tax may be collected by distraint, and the penalty recovered by any action instituted by the commissioner in any court of competent jurisdiction. The amount of any penalty collected must be paid to the state treasurer and credited to the general fund.(2) In addition to the penalties set forth in subsection (1) of this section, interest will accrue on the amount of the unpaid tax or prepayment at the maximum legal rate of interest permitted under RCW 19.52.020 commencing sixty-one days after the tax is due until paid. This interest will not accrue on taxes imposed under RCW 48.15.120.(3) The commissioner may revoke the certificate of authority or registration of any delinquent insurer or taxpayer, and the certificate of authority or registration will not be reissued until all taxes, prepayments of tax, interest, and penalties have been fully paid and the insurer or taxpayer has otherwise qualified for the certificate of authority or registration.[ 2003 c 341 § 1; 1981 c 6 § 2; 1947 c 79 § .14.06; Rem. Supp. 1947 § 45.14.06.]
WA Rev Code § 48.14.070 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.070 - Refunds.

RCW 48.14.070 Refunds.In event any person has paid to the commissioner any tax, license fee or other charge in error or in excess of that which he or she is lawfully obligated to pay, the commissioner shall upon written request made to him or her make a refund thereof. A person may only request a refund of taxes within six years from the date the taxes were paid. A person may only request a refund of fees or charges other than taxes within thirteen months of the date the fees or charges were paid. Refunds may be made either by crediting the amount toward payment of charges due or to become due from such person, or by making a cash refund. To facilitate such cash refunds the commissioner may establish a revolving fund out of funds appropriated by the legislature for his use.[ 2009 c 549 § 7056; 1979 ex.s. c 130 § 2; 1947 c 79 § .14.07; Rem. Supp. 1947 § 45.14.07.]
WA Rev Code § 48.14.090 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.090 - Determining amount of direct premium taxable in this state.

RCW 48.14.090 Determining amount of direct premium taxable in this state.In determining the amount of direct premium taxable in this state other than for policies issued by an eligible captive insurer as defined in RCW 48.201.020, all such premiums written, procured, or received in this state shall be deemed written upon risks or property resident, situated, or to be performed in this state except such premiums as are properly allocated or apportioned and reported as taxable premiums of any other state or states. For tax purposes, the reporting of premiums shall be on a written basis or on a paid-for basis consistent with the basis required by the annual statement.[ 2021 c 281 § 11; 2009 c 161 § 4; 1963 c 195 § 14.]NOTES:Application—2021 c 281 §§ 8-11: See note following RCW 48.14.095.Effective date—2021 c 281: See note following RCW 48.201.010.
WA Rev Code § 48.14.095 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.095 - Unlawful or delinquent insurers or taxpayers—Computing the tax payable—Risks, exposures, or enrolled participants only partially in state.

RCW 48.14.095 Unlawful or delinquent insurers or taxpayers—Computing the tax payable—Risks, exposures, or enrolled participants only partially in state.(1) This section applies to any insurer or taxpayer, as defined in RCW 48.14.0201, violating or failing to comply with RCW 48.05.030(1), 48.17.060, 48.36A.290(1), 48.44.015(1), or 48.46.027(1).(2) Except as provided in subsections (7) and (8) of this section, RCW 48.14.020, 48.14.0201, and 48.14.060 apply to insurers or taxpayers identified in subsection (1) of this section.(3) If an insurance contract, health care services contract, or health maintenance agreement covers risks or exposures, or enrolled participants only partially in this state, the tax payable is computed on the portion of the premium that is properly allocated to a risk or exposure located in this state, or enrolled participants residing in this state.(4) In determining the amount of taxable premiums under subsection (3) of this section, all premiums, other than premiums properly allocated or apportioned and reported as taxable premiums of another state, that are written, procured, or received in this state, or that are for a policy or contract negotiated in this state, are considered to be written on risks or property resident, situated, or to be performed in this state, or for health care services to be provided to enrolled participants residing in this state.(5) Insurance on risks or property resident, situated, or to be performed in this state, or health coverage for the provision of health care services for residents of this state, is considered to be insurance procured, continued, renewed, or performed in this state, regardless of the location from which the application is made, the negotiations are conducted, or the premiums are remitted.(6) Premiums on risks or exposures that are properly allocated to federal waters or international waters or under the jurisdiction of a foreign government are not taxable by this state.(7) This section does not apply to premiums on insurance procured by a licensed surplus line broker under chapter 48.15 RCW.(8) This section does not apply to premiums on insurance that is issued by a registered eligible captive insurer under chapter 48.201 RCW.[ 2021 c 281 § 8; 2008 c 217 § 8; 2003 c 341 § 3.]NOTES:Application—2021 c 281 §§ 8-11: "Sections 8 through 11 of this act apply both retroactively and prospectively." [ 2021 c 281 § 14.]Effective date—2021 c 281: See note following RCW 48.201.010.Severability—Effective date—2008 c 217: See notes following RCW 48.03.020.
WA Rev Code § 48.14.100 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.14 - Fees and Taxes.|48.14.100 - Foreign or alien insurers, continuing liability for taxes.

RCW 48.14.100 Foreign or alien insurers, continuing liability for taxes.Any foreign or alien insurer authorized to do business in this state which hereafter either withdraws from the state or has its certificate of authority suspended or revoked shall continue to pay premium taxes pursuant to this chapter as to policies upon risks or property resident, situated, or to be performed in this state, which policies were issued during the time the insurer was authorized in this state.[ 1963 c 195 § 15.]