RCW 48.13.470
76 words·~1 min read·
/wa/title-48/chapter-48-13/48-13-470A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A broker executing a securities trade pursuant to an order from a domestic insurance company shall send confirmation to the domestic insurance company or the clearing corporation confirming the order has been executed within twenty-four hours after order completion.
(2)A broker may not hold in its own account for longer than seventy-two hours any securities bought or sold pursuant to an order from a domestic insurance company.
[ 2000 c 221 s 5 .]