There is hereby created a nonprofit unincorporated legal entity to be known as the Washington insurance guaranty association. All insurers defined as member insurers in RCW 48.32.030 shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under RCW 48.32.070 and shall exercise its powers through a board of directors established under RCW 48.32.050. For purposes of administration and assessment, the association shall be divided into three separate accounts: (1) The automobile insurance account; (2) the account for longshore and harbor workers' compensation act insurance; and (3) the account for all other insurance to which this chapter applies.
RCW 48.32.040
Creation of the association—Required accounts.
Known as the Washington Insurance Guaranty Association Act
The act spans §§ 48–48 (21 sections).
Applied in 4 court decisions — leading case 93 Wash. 2d 416 - Agency Budget Corp. v. Washington Insurance Guaranty Ass'n (1980)
Most recently applied in 94 Wash. App. 744 - Seattle-First National Bank v. Washington Insurance Guaranty Ass'n (March 1999)
2005 c 100 s 4; 1975-'76 2nd ex.s. c 109 s 4; 1971 ex.s. c 265 s 4.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.