RCW 48.13.161
Chapter prevails over other statutes—Valuation of assets.
(1) This chapter prevails over any other statute purporting to authorize an insurer to make a particular investment if the other statute was enacted before July 1, 2012, and prevails over any statute enacted after July 1, 2012, unless the latter specifically includes amendments made to this chapter.
(2) An insurer shall value its assets in accordance with the valuation standards of the national association of insurance commissioners to the extent those standards are consistent with the statutes of this state or rules or orders of the commissioner.
[ 2011 c 188 § 17.]
Structure Revised Code of Washington
48.13.005 - Purpose—Application.
48.13.021 - Minimum financial security benchmark—Determination of amount.
48.13.041 - Determining whether an investment portfolio or investment policy is prudent.
48.13.051 - Written investment policy required—Annual review—Contents.
48.13.061 - Classes of investments—Description—Rules.
48.13.071 - Limitations on investments—Special rules for certain investments.
48.13.081 - Investments in securities of different currencies.
48.13.091 - Prohibited investments.
48.13.101 - Satisfaction of the minimum asset requirement—When assets may be counted.
48.13.111 - Commissioner's powers—Requirements of persons subject to regulation.
48.13.121 - Commissioner may retain experts—Insurer's expense.
48.13.131 - When investment practices are not in compliance—Commissioner's authority.
48.13.141 - Aggrieved insurer—Request for hearing.
48.13.151 - Confidentiality of investment policy information.
48.13.161 - Chapter prevails over other statutes—Valuation of assets.
48.13.171 - Rule making—Special investment restrictions.
48.13.350 - Written record of investments—Contents.
48.13.360 - Investments of foreign and alien insurers.
48.13.450 - Safeguarding securities—Definitions.
48.13.455 - Safeguarding securities—Deposit in a clearing corporation—Certificates—Records.
48.13.460 - Safeguarding securities—Authorized methods of holding securities.
48.13.465 - Safeguarding securities—Requirement to receive a confirmation.
48.13.470 - Safeguarding securities—Broker executing a trade—Time limits.