# WAC 284-16-190: WAC 284-16-190. Limitation on values

> Washington · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_190

## Section

- **Citation:** WAC 284-16-190
- **Heading:** WAC 284-16-190. Limitation on values
- **Jurisdiction:** Washington
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Administrative Code / Title 284 / Chapter 284-16 / Section 284-16-190

## Text

(1) With respect to values determined under WAC 284-16-180 (2)(a) or (b), amounts attributable to "good will," and other intangibles shall not in the aggregate (of all direct and indirect subsidiaries) exceed (either initially on acquisition of a subsidiary, or thereafter), 10% of the capital and surplus of an insurer, as reported in its next preceding annual statement. Such amounts shall be written off over a period not in excess of ten years, written down for any other than temporary decline of the fair value of an investment as a subsidiary, or other adjustments in accordance with the NAIC statements of statutory accounting principles.
(2) For purposes of this section, "good will" shall be defined as the amount arising at a given point in time, resulting from an arm's-length transaction involving the transfer of a business, representing the difference between the value of the consideration given and the net asset value of the properties acquired on the books of the predecessor company.
(3) Where warranted in exceptional cases, the commissioner may require a more rapid write-off of good will than is otherwise provided in this section.

## Nearby sections

- [WAC 284-16-030 WAC 284-16-030. Title insurers—Defining "complete set of tract indexes."](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_030.md)
- [WAC 284-16-150 WAC 284-16-150. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_150.md)
- [WAC 284-16-160 WAC 284-16-160. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_160.md)
- [WAC 284-16-170 WAC 284-16-170. Usual valuation of stock of a subsidiary](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_170.md)
- [WAC 284-16-180 WAC 284-16-180. Other methods of valuing stock of a subsidiary](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_180.md)
- [WAC 284-16-190 WAC 284-16-190. Limitation on values](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_190.md)
- [WAC 284-16-200 WAC 284-16-200. Additional provisions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_200.md)
- [WAC 284-16-210 WAC 284-16-210. Adjustment procedure](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_210.md)
- [WAC 284-16-220 WAC 284-16-220. Cumulative limitations](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_220.md)
- [WAC 284-16-300 WAC 284-16-300. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_300.md)
- [WAC 284-16-310 WAC 284-16-310. Standards](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_310.md)
- [WAC 284-16-320 WAC 284-16-320. Manner in which commissioner will exercise authority](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_320.md)
- [WAC 284-16-400 WAC 284-16-400. Title and scope](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_400.md)
- [WAC 284-16-410 WAC 284-16-410. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_410.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_190. Check the current official text before relying on it. Not legal advice.