Revised Code of Washington - RCW Title 48 Insurance - Section 48.13.280 Securities underwriting, agreements to withhold or repurchase, prohibited

§ 48.13.280. Securities underwriting, agreements to withhold or repurchase, prohibited

No insurer shall

(1) participate in the underwriting of the marketing of securities in advance of their issuance or enter into any transaction for such underwriting for the account of such insurer jointly with any other person; or

(2) enter into any agreement to withhold from sale any of its property, or to repurchase any property sold by it.

[1947 c 79 § .13.28; Rem. Supp. 1947 § 45.13.28.]

Sections:  Previous  48.13.240  48.13.250  48.13.260  48.13.265  48.13.270  48.13.273  48.13.275  48.13.280  48.13.285  48.13.290  48.13.340  48.13.350  48.13.360  48.13.450  48.13.455  Next

Last modified: April 7, 2009