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Code · Washington · Title 48 — Insurance · Chapter 48.16

RCW 48.16.090

66 words·~1 min read·/wa/title-48/chapter-48-16/48-16-090·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

While solvent and complying with this code an insurer shall be entitled:
(1)To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and
(2)From time to time exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value.
[1947 c 79 s .16.09; Rem. Supp. 1947 s 45.16.09.]
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