Wash. Admin. Code § 284-92-290 - Domestic purchasing groups
(1) No
domestic purchasing group will be registered unless the purchasing group has
and maintains in Washington the records applicable to its business, including
records as to insured persons, financial matters, and the like. There must also
be resident in Washington an officer of the purchasing group who is able and
qualified to present, interpret, and explain those records to the commissioner
or the commissioner's representative on demand.
(2) Each domestic purchasing group shall
submit an annual report to the commissioner. That report shall state the number
of policies, amount of insurance coverage, and amount of premium provided, the
number and types of insured persons, and such other matters as the commissioner
shall direct. The report shall be submitted for each calendar year, and shall
be submitted no later than January 31 of the following year unless the
commissioner allows a later filing. Any other information requested by the
commissioner shall be promptly provided.
Notes
Statutory Authority: RCW 48.02.060 and 48.92.140. 93-19-006 (Order R 93-10), § 284-92-290, filed 9/1/93, effective 10/2/93.
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