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

RCW 32.20.445

71 words·~1 min read·/wa/title-32/chapter-32-20/32-20-445·

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A savings bank may invest its funds in the stock and other securities and obligations of a savings or banking institution or holding company thereof if the deposits of the savings or banking institution are insured by the federal deposit insurance corporation or any other federal instrumentalities established to carry on substantially the same functions as such corporations.
[ 1999 c 14 s 29 ; 1989 c 180 s 8 .]
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