WAC 16-623-015
WAC 16-623-015. Securities in lieu of a surety bond
An applicant or licensee may file an assignment of savings or irrevocable letter of credit with the director in lieu of a surety bond. These instruments are subject to the same requirements and provisions as bonds stated in RCW 20.01.210 , 20.01.211 , and 20.01.212 .