Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.32.020 Investment in federal home loan bank stock or bonds

§ 30.32.020. Investment in federal home loan bank stock or bonds

Any savings and loan association, building and loan association, bank, trust company, savings bank, or mutual savings bank may become a member of and invest its funds in the bonds and/or the capital stock of a federal home loan bank, and vote such stock in the manner prescribed by its board of directors.

[1955 c 33 § 30.32.020. Prior: 1933 c 105 § 1; RRS § 3294-1.]

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Last modified: April 7, 2009