CERTIFICATION OF ENROLLMENT

                        HOUSE BILL 1480

                        52nd Legislature

                      1991 Regular Session

Passed by the House March 8, 1991

  Yeas 96   Nays 0

Speaker of the

       House of Representatives

Passed by the Senate April 12, 1991

  Yeas 46   Nays 0

President of the Senate

Approved Place Style On Codes above, and Style Off Codes below.

Governor of the State of Washington

CERTIFICATE

I, Alan Thompson, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1480 as passed by the House of Representatives and the Senate on the dates hereon set forth.

Chief Clerk

                                     FILED         

                        Secretary of State   

                       State of Washington  

                  _______________________________________________

                                  HOUSE BILL 1480

                  _______________________________________________

                     Passed Legislature - 1991 Regular Session

State of Washington              52nd Legislature             1991 Regular Session

By Representatives R. Meyers, Mielke, Heavey, Broback, Zellinsky and Paris.

Read first time January 30, 1991.  Referred to Committee on Financial Institutions & Insurance.Allowing reciprocal insurer to affect title to real property.

     AN ACT Relating to the maintenance and investment of assets by reciprocal exchanges; and adding a new section to chapter 48.10 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 48.10 RCW to read as follows:

     A reciprocal insurer may purchase, sell, mortgage, encumber, lease, or otherwise affect the title to real property for the purposes and objects of the reciprocal insurer.  All deeds, notes, mortgages, or other documents relating to the real property may be executed in the name of the reciprocal insurer by its attorney.