# RCW 48.32.010: RCW 48.32.010: Purpose

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S010

## Section

- **Citation:** RCW 48.32.010
- **Heading:** RCW 48.32.010: Purpose
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 48 / Chapter 32 / Section 010

## Text

The purpose of this chapter is to provide a mechanism for the payment of covered claims to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders under certain policies of insurance covered by the scope of this chapter because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies, and to provide an association to assess the cost of such protection among insurers.

## Nearby sections

- [RCW 48.32.010 RCW 48.32.010: Purpose.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S010.md)
- [RCW 48.32.020 RCW 48.32.020: Scope.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S020.md)
- [RCW 48.32.030 RCW 48.32.030: Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S030.md)
- [RCW 48.32.040 RCW 48.32.040: Creation of the association—Required accounts.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S040.md)
- [RCW 48.32.050 RCW 48.32.050: Board of directors.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S050.md)
- [RCW 48.32.060 RCW 48.32.060: Powers and duties of the association.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S060.md)
- [RCW 48.32.070 RCW 48.32.070: Plan of operation.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S070.md)
- [RCW 48.32.080 RCW 48.32.080: Duties and powers of the commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S080.md)
- [RCW 48.32.090 RCW 48.32.090: Effect of paid claims.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S090.md)
- [RCW 48.32.100 RCW 48.32.100: Nonduplication of recovery.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S100.md)
- [RCW 48.32.110 RCW 48.32.110: Prevention of insolvencies.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S110.md)
- [RCW 48.32.120 RCW 48.32.120: Examination of the association.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S120.md)
- [RCW 48.32.130 RCW 48.32.130: Tax exemption.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S130.md)
- [RCW 48.32.145 RCW 48.32.145: Credit against premium tax for assessments paid pursuant to RCW 48.32.060(1)(c).](https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S145.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T48_C32_S010. Check the current official text before relying on it. Not legal advice.