{"data":{"id":"us-wa/rcw-62a.8-508","jurisdiction":"us-wa","citation":"RCW 62A.8-508","heading":"Duty of securities intermediary to change entitlement holder's position to other form of security holding.","body":"A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:\n(1) The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n(2) In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["Title 62A","Chapter 62A.8"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=62A.8-508","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:39:20Z","sha256":"af0bfcb2657cdb262259080d25ed74fa897a27b998d1a94abf9a98a33e4e1b84","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-62a.8-507","next":"us-wa/rcw-62a.8-509"},"notice":"GroundRules: Original legal text. Not legal advice."}