Chapter 48.13 RCW

INVESTMENTS

RCW SECTIONS

48.13.005Purpose -- Application.
48.13.009Definitions.
48.13.010Scope of chapter -- Eligible investments.
48.13.020General qualifications.
48.13.021Minimum financial security benchmark -- Determination of amount.
48.13.030Limitation on securities of one entity or a depository institution.
48.13.031Investment of funds -- Board of directors -- Judgment and care -- Internal controls and procedures.
48.13.040Public obligations.
48.13.041Determining whether an investment portfolio or investment policy is prudent.
48.13.050Corporate obligations.
48.13.051Written investment policy required -- Annual review -- Contents.
48.13.060Terms defined.
48.13.061Classes of investments -- Description -- Rules.
48.13.070Securities of merged or reorganized institutions.
48.13.071Limitations on investments -- Special rules for certain investments.
48.13.080Preferred or guaranteed stocks.
48.13.081Investments in securities of different currencies.
48.13.090Trustees' or receivers' obligations.
48.13.091Prohibited investments.
48.13.100Equipment trust certificates.
48.13.101Satisfaction of the minimum asset requirement -- When assets may be counted.
48.13.110Mortgages, deeds of trust, mortgage bonds, notes, contracts.
48.13.111Commissioner's powers -- Requirements of persons subject to regulation.
48.13.120Investments limited by property value.
48.13.121Commissioner may retain experts -- Insurer's expense.
48.13.125Mortgage loans on one family dwellings -- Limitation on amortization.
48.13.130"Encumbrance" defined.
48.13.131When investment practices are not in compliance -- Commissioner's authority.
48.13.140Appraisal of property -- Insurance -- Limit of loan.
48.13.141Aggrieved insurer -- Request for hearing.
48.13.150Auxiliary chattel mortgages.
48.13.151Confidentiality of investment policy information.
48.13.160Real property owned -- Home office building.
48.13.161Chapter prevails over other statutes -- Valuation of assets.
48.13.170Disposal of real property -- Time limit.
48.13.171Rule making -- Special investment restrictions.
48.13.180Foreign securities.
48.13.190Policy loans.
48.13.200Savings and share accounts.
48.13.210Insurance stocks.
48.13.218Limitation on insurer loans or investments.
48.13.220Common stocks -- Investment -- Acquisition -- Engaging in certain businesses.
48.13.230Collateral loans.
48.13.240Miscellaneous investments.
48.13.250Special consent investments.
48.13.260Required investments for capital and reserves.
48.13.265Investments secured by real estate -- Amount restricted.
48.13.270Prohibited investments.
48.13.273Acquisition of medium and lower grade obligations -- Definitions -- Limitations -- Rules.
48.13.275Obligations rated by the securities valuation office.
48.13.280Securities underwriting, agreements to withhold or repurchase, prohibited.
48.13.285Derivative transactions -- Restrictions -- Definitions -- Rules.
48.13.290Disposal of ineligible property or securities.
48.13.340Authorization of investments.
48.13.350Record of investments.
48.13.360Investments of foreign and alien insurers.
48.13.450Safeguarding securities -- Definitions.
48.13.455Safeguarding securities -- Deposit in a clearing corporation -- Certificates -- Records.
48.13.460Safeguarding securities -- Authorized methods of holding securities.
48.13.465Safeguarding securities -- Requirement to receive a confirmation.
48.13.470Safeguarding securities -- Broker executing a trade -- Time limits.
48.13.475Safeguarding securities -- Maintenance with a custodian -- Commissioner may order transfer -- Challenge to order -- Standing at hearing or for judicial review.
48.13.480Safeguarding securities -- Insurance company's securities -- Written agreement with custodian -- Required terms.
48.13.490Safeguarding securities -- Rules.
48.13.900Effective date -- 2011 c 188.

NOTES:

Valuation of investments: RCW 48.12.170 through 48.12.200.