48.23.420 - Inapplicability of enumerated sections to certain policies. - Washington Statutes

Inapplicability of enumerated sections to certain policies.

RCW 48.23.420 through 48.23.520 do not apply to any reinsurance; group annuity purchased under a retirement plan or plan of deferred compensation established or maintained by an employer (including a partnership or sole proprietorship) or by an employee organization, or by both, other than a plan providing individual retirement accounts or individual retirement annuities under Section 408 of the Internal Revenue Code, as now or hereafter amended; premium deposit fund; variable annuity; investment annuity; immediate annuity; any deferred annuity contract after annuity payments have commenced; or reversionary annuity; nor to any contract which is delivered outside this state through an insurance producer or other representative of the company issuing the contract.

[2008 c 217 § 27; 1982 1st ex.s. c 9 § 22.]

Notes: Severability -- Effective date -- 2008 c 217: See notes following RCW 48.03.020.