Minimum net assets without donor restrictions required.

RCW 48.38.012 — under Chapter 48.38 Charitable gift annuity business..

RCW 48.38.012

After June 30, 1998, an insurer or institution which does not have the minimum net assets without donor restrictions required by RCW 48.38.010(6) may not issue any new charitable gift annuities until the insurer or institution has and maintains the minimum net assets without donor restrictions required by RCW 48.38.010(6).[ 2025 c 243 s 7; 1998 c 284 s 7.]