RCW 48.13.460
86 words·~1 min read·
/wa/title-48/chapter-48-13/48-13-460A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The following are the only authorized methods of holding securities:
(1)A domestic insurance company may hold securities in definitive certificates;
(2)A domestic insurance company may, pursuant to an agreement, designate a custodian through which it can transact and maintain book-entry securities on behalf of the insurance company; or
(3)A domestic insurance company may, pursuant to an agreement, participate in depository systems of clearing corporations directly or through a custodian .
[ 2008 c 234 s 3 ; 2000 c 221 s 3 .]