Revised Code of Washington - RCW Title 48 Insurance - Section 48.13.010 Scope of chapter -- Eligible investments

§ 48.13.010. Scope of chapter -- Eligible investments

(1) Investments of domestic insurers shall be eligible to be held as assets only as prescribed in this chapter.

(2) Any particular investment of a domestic insurer held by it on the effective date of this code and which was a legal investment immediately prior thereto, shall be deemed a legal investment hereunder.

(3) The eligibility of an investment shall be determined as of the date of its making or acquisition.

(4) Except as to RCW 48.13.360, this chapter applies only to domestic insurers.

[1973 c 151 § 2; 1947 c 79 § .13.01; Rem. Supp. 1947 § 45.13.01.]

Sections:  48.13.010  48.13.020  48.13.030  48.13.040  48.13.050  48.13.060  48.13.070  48.13.080  48.13.090  48.13.100  48.13.110  48.13.120  48.13.125  48.13.130  48.13.140  Next

Last modified: April 7, 2009