Revised Code of Washington

Wash. Rev. Code § 46.29.550 (2026)

Money or securities as proof

✓ current as of May 2026

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Proof of financial responsibility may be evidenced by the certificate of the department that the person named therein has deposited with him or her sixty thousand dollars in cash, or securities such as may legally be purchased by savings banks or for trust funds of a market value of sixty thousand dollars. The department shall not accept any such deposit and issue a certificate therefor and the department shall not accept such certificate unless accompanied by evidence that there are no unsatisfied judgments of any character against the depositor in the county where the depositor resides.

[ 2014 c 17 s 1; 2010 c 8 s 9046; 1980 c 117 s 7; 1967 ex.s. c 3 s 5; 1963 c 169 s 55.]

Notes:

Effective date—1980 c 117: See note following RCW 48.22.030.

Effective date—1967 ex.s. c 3: See note following RCW 46.29.090.

Notes of Decisions

Cited in 1 case, 1993–1993 · leading case: Miller v. Aetna Life & Cas. Co., 851 P.2d 1253 (Wash. Ct. App. 1993).

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Miller v. Aetna Life & Cas. Co., 851 P.2d 1253 (Wash. Ct. App. 1993). “520; (3) A certificate of deposit of money or securities as provided in RCW 46.29.550; or (4) A certificate of self-insurance, as provided in RCW 46.”

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