# WAC 284-16-160: WAC 284-16-160. Definitions

> Washington · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_160

## Section

- **Citation:** WAC 284-16-160
- **Heading:** WAC 284-16-160. Definitions
- **Jurisdiction:** Washington
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Administrative Code / Title 284 / Chapter 284-16 / Section 284-16-160

## Text

For purpose of this regulation:
(1) "Subsidiary" has the same meaning as in RCW 48.31B.005 ;
(2) "Book value" means that value determined by dividing the amount of its capital and surplus as shown in its last annual statement or subsequent report of examination (excluding from its surplus, any reserves required by statute and any portion of surplus properly allocable to policyholders, other than stockholders) less the par or redemption value, whichever is the greater of all of its preferred stock outstanding, by the total number of shares of its common stock issued and outstanding.

## Nearby sections

- [WAC 284-16-030 WAC 284-16-030. Title insurers—Defining "complete set of tract indexes."](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_030.md)
- [WAC 284-16-150 WAC 284-16-150. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_150.md)
- [WAC 284-16-160 WAC 284-16-160. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_160.md)
- [WAC 284-16-170 WAC 284-16-170. Usual valuation of stock of a subsidiary](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_170.md)
- [WAC 284-16-180 WAC 284-16-180. Other methods of valuing stock of a subsidiary](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_180.md)
- [WAC 284-16-190 WAC 284-16-190. Limitation on values](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_190.md)
- [WAC 284-16-200 WAC 284-16-200. Additional provisions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_200.md)
- [WAC 284-16-210 WAC 284-16-210. Adjustment procedure](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_210.md)
- [WAC 284-16-220 WAC 284-16-220. Cumulative limitations](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_220.md)
- [WAC 284-16-300 WAC 284-16-300. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_300.md)
- [WAC 284-16-310 WAC 284-16-310. Standards](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_310.md)
- [WAC 284-16-320 WAC 284-16-320. Manner in which commissioner will exercise authority](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_320.md)
- [WAC 284-16-400 WAC 284-16-400. Title and scope](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_400.md)
- [WAC 284-16-410 WAC 284-16-410. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_410.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_284_16_160. Check the current official text before relying on it. Not legal advice.