Washington Statutes
§ 48.13.460 — Safeguarding securities—Authorized methods of holding securities.
Washington § 48.13.460
This text of Washington § 48.13.460 (Safeguarding securities—Authorized methods of holding securities.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 48.13.460 (2026).
Text
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 .
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Legislative History
[2008 c 234 s 3;2000 c 221 s 3.]
Nearby Sections
15
§ 48.01.010
Short title.§ 48.01.020
Scope of code.§ 48.01.030
Public interest.§ 48.01.035
"Developmental disability" defined.§ 48.01.040
"Insurance" defined.§ 48.01.050
"Insurer" defined.§ 48.01.053
"Issuer" defined.§ 48.01.060
"Insurance transaction" defined.§ 48.01.070
"Person" defined.§ 48.01.080
Penalties.§ 48.01.100
Existing officers.§ 48.01.110
Existing licenses.§ 48.01.120
Existing insurance forms.§ 48.01.130
Existing actions, violations.§ 48.01.140
Headings.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 48.13.460, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.13.460.