# WAC 284-13-220: WAC 284-13-220. Valuation of other securities

> Washington · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_220

## Section

- **Citation:** WAC 284-13-220
- **Heading:** WAC 284-13-220. Valuation of other securities
- **Jurisdiction:** Washington
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Administrative Code / Title 284 / Chapter 284-13 / Section 284-13-220

## Text

(1) Securities, other than those referred to in WAC 284-13-210 , held by an insurer shall be valued, in the discretion of the commissioner, at their market value, or at their appraised value, or at prices determined by the commissioner as representing their fair market value.
(2) Preferred or guaranteed stocks or shares while paying full dividends may be carried at a fixed value in lieu of market value, at the discretion of the commissioner and in accordance with such method of valuation as he or she may approve.
(3) Stock of a subsidiary corporation of an insurer shall not be valued at an amount in excess of the net value thereof as based upon those assets only of the subsidiary which would be eligible under chapter 48.13 RCW for investment of the funds of the insurer directly.
(4) No valuations under this section shall be inconsistent with any applicable valuation or method then currently formulated or approved by the National Association of Insurance Commissioners or its successor organization.

## Nearby sections

- [WAC 284-13-160 WAC 284-13-160. Definition of "earned surplus."](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_160.md)
- [WAC 284-13-210 WAC 284-13-210. Valuation of bonds](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_210.md)
- [WAC 284-13-220 WAC 284-13-220. Valuation of other securities](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_220.md)
- [WAC 284-13-280 WAC 284-13-280. Real estate appraisals](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_280.md)
- [WAC 284-13-500 WAC 284-13-500. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_500.md)
- [WAC 284-13-503 WAC 284-13-503. Severability clause](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_503.md)
- [WAC 284-13-510 WAC 284-13-510. Credit for reinsurance — Reinsurer holding certificate of authority in this state](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_510.md)
- [WAC 284-13-516 WAC 284-13-516. Credit for reinsurance — Accredited reinsurers](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_516.md)
- [WAC 284-13-517 WAC 284-13-517. Credit for reinsurance — Reinsurer domiciled in another state](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_517.md)
- [WAC 284-13-520 WAC 284-13-520. Credit for reinsurance — Certain reinsurers maintaining trust funds](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_520.md)
- [WAC 284-13-530 WAC 284-13-530. Credit for reinsurance — Certain alien reinsurers maintaining trust funds — Single alien insurer](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_530.md)
- [WAC 284-13-531 WAC 284-13-531. Credit for reinsurance — Certain alien reinsurers maintaining trust funds — Assuming insurer discontinuing business](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_531.md)
- [WAC 284-13-532 WAC 284-13-532. Credit for reinsurance — Certain alien reinsurers maintaining trust funds — Group of incorporated and individual unincorporated underwriters](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_532.md)
- [WAC 284-13-533 WAC 284-13-533. Credit for reinsurance — Certain alien reinsurers maintaining trust funds — Group of incorporated insurers under common administration](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_533.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_13_220. Check the current official text before relying on it. Not legal advice.