# RCW 62A.8-109: RCW 62A.8-109: Warranties in indirect holding

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-109

## Section

- **Citation:** RCW 62A.8-109
- **Heading:** RCW 62A.8-109: Warranties in indirect holding
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 62A / Chapter 8 / Section 8-109

## Text

(1) A person who originates an entitlement order to a securities intermediary warrants to the securities intermediary that: (a) The entitlement order is made by an appropriate person, or if the entitlement order is by an agent, the agent has actual authority to act on behalf of the appropriate person; and (b) There is no adverse claim to the security entitlement. (2) A person who delivers a security certificate to a securities intermediary for credit to a securities account or originates an instruction with respect to an uncertificated security directing that the uncertificated security be credited to a securities account makes to the securities intermediary the warranties specified in RCW 62A.8-108 (1) or (2). (3) If a securities intermediary delivers a security certificate to its entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated security, the securities intermediary makes to the entitlement holder the warranties specified in RCW 62A.8-108 (1) or (2).

## Nearby sections

- [RCW 62A.8-101 RCW 62A.8-101: Short title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-101.md)
- [RCW 62A.8-102 RCW 62A.8-102: Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-102.md)
- [RCW 62A.8-103 RCW 62A.8-103: Rules for determining whether certain obligations and interests are securities or financial assets.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-103.md)
- [RCW 62A.8-104 RCW 62A.8-104: Acquisition of security or financial asset or interest therein.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-104.md)
- [RCW 62A.8-105 RCW 62A.8-105: Notice of adverse claim.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-105.md)
- [RCW 62A.8-106 RCW 62A.8-106: Control.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-106.md)
- [RCW 62A.8-107 RCW 62A.8-107: Whether indorsement, instruction, or entitlement is effective.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-107.md)
- [RCW 62A.8-108 RCW 62A.8-108: Warranties in direct holding.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-108.md)
- [RCW 62A.8-109 RCW 62A.8-109: Warranties in indirect holding.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-109.md)
- [RCW 62A.8-110 RCW 62A.8-110: Applicability; choice of law.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-110.md)
- [RCW 62A.8-111 RCW 62A.8-111: Clearing corporation rules.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-111.md)
- [RCW 62A.8-112 RCW 62A.8-112: Creditor's legal process.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-112.md)
- [RCW 62A.8-113 RCW 62A.8-113: Statute of frauds inapplicable.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-113.md)
- [RCW 62A.8-114 RCW 62A.8-114: Evidentiary rules concerning certificated securities.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-109. Check the current official text before relying on it. Not legal advice.