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WASHINGTON STATUTES AND CODES
48.05.060 - "Capital funds" defined.
"Capital funds" defined.
"Capital funds" means the excess of the assets of an insurer over its liabilities. Capital stock, if any, shall not be deemed to be a liability for the purposes of this section.
[1947 c 79 § .05.06; Rem. Supp. 1947 § 45.05.06.]
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