48.13.250 - Special consent investments. - Washington Statutes

Special consent investments.

Upon advance approval of the commissioner and in compliance with RCW 48.13.020, an insurer may make any investment or kind of investment or exchange of assets otherwise prohibited or not eligible under any other section of this chapter. The commissioner's order of approval if granted shall specify whether the investment or any part thereof may be credited to required minimum capital or surplus investments, or to investment of reserves.

[1947 c 79 § .13.25; Rem. Supp. 1947 § 45.13.25.]