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Code · Washington · Title 32 — Washington Savings Bank Act · Chapter 32.20

RCW 32.20.090

83 words·~1 min read·/wa/title-32/chapter-32-20/32-20-090·

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A mutual savings bank may invest in housing or industrial development bonds or municipal obligations issued by a state, county, parish, borough, city, or district situated in the United States, or by any instrumentality thereof, provided such bonds or obligations at the time of purchase are prudent investments.
[ 1985 c 56 s 11 ; 1955 c 13 s 32.20.090 . Prior: 1937 c 95 s 5 ; 1929 c 74 s 8 ; 1921 c 156 s 11f ; RRS s 3381-8.]
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