RCW 48.16.090
Dividends and substitutions.
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 § .16.09; Rem. Supp. 1947 § 45.16.09.]
Structure Revised Code of Washington
Chapter 48.16 - Deposits of Insurers.
48.16.010 - Deposits of insurers—In general.
48.16.020 - Deposits to be held in trust.
48.16.030 - Securities eligible for deposit.
48.16.050 - Commissioner's receipt—Records.
48.16.060 - Transfer of securities.
48.16.070 - Depositaries—Designation.
48.16.080 - Liability for safekeeping.
48.16.090 - Dividends and substitutions.
48.16.100 - Release of deposits—Generally.
48.16.110 - Release of existing deposits.