Safeguarding securities — Authorized methods of holding securities.

RCW 48.13.460
in effect
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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 . 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 .
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=48.13&full=trueFetched: 6/29/2026

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