RCW 48.13.460
Safeguarding securities—Authorized methods of holding securities.
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 .
[ 2008 c 234 § 3; 2000 c 221 § 3.]
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.