Washington Code 48.29.020 – Certificate of authority — Qualifications
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A title insurer is not entitled to have a certificate of authority unless:
Terms Used In Washington Code 48.29.020
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(1) It is a stock corporation;
(2) It owns or leases and maintains a complete set of tract indexes of the county in this state in which its principal office is located; and
(3) It has and maintains the capital and surplus requirements set forth in RCW 48.05.340.
NOTES:
Effective date—Supervision of transfers—1955 c 86: See notes following RCW 48.05.080.