RCW 48.29.130Investments.A domestic title insurer shall invest its funds as follows:(1) Funds in an amount not less than its reserve required by RCW 48.29.120 must be kept invested in investments eligible for domestic life insurers.(2) Other funds may be invested in:(a) The insurer's plant and equipment, up to a maximum of fifty percent of capital plus surplus.(b) Stocks and bonds of abstract companies when approved by the commissioner.(c) Investments eligible for the investment of funds of any domestic insurer.[ 2005 c 223 s 17; 1967 c 150 s 30; 1947 c 79 s .29.13; Rem. Supp. 1947 s 45.29.13.]
Washington Legal Code