Dividends and substitutions.
RCW 48.16.090
in effectWhile solvent and complying with this code an insurer shall be entitled: (1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and (2) From time to time exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value.
While solvent and complying with this code an insurer shall be entitled:
(1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and
(2) From time to time exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=48.16&full=trueFetched: 6/29/2026
