There Is a Newer Version of the Revised Code of Washington
  1. 2025 Rev. Code of Wash.
  2. 2024 Rev. Code of Wash.
  3. 2023 Rev. Code of Wash.
  4. 2005 Rev. Code of Wash. (here)
  5. View All Versions
View Our Newest Version Here

2005 Washington Revised Code RCW 48.13.465: Safeguarding securities — Requirement to receive a confirmation.

    A domestic insurance company using the methods of holding securities under RCW 48.13.460 (2) or (3) is required to receive a confirmation from:

         (1) The participating financial institution or the qualified custodian whenever securities are received or surrendered pursuant to the domestic insurance company's instructions to a securities broker; or

         (2) The securities broker provided that the domestic insurance company has given the participating financial institution or qualified custodian and the securities broker matching instructions authorizing the transaction, which have been confirmed by the participating financial institution or qualified custodian prior to surrendering funds or securities to conduct the transaction.

    [2000 c 221 § 4.]

Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.