Revised Code of Washington - RCW Title 32 Mutual Savings Banks - Section 32.20.090 Housing and industrial development bonds and municipal obligations in any state

§ 32.20.090. Housing and industrial development bonds and municipal obligations in any state

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 § 11; 1955 c 13 § 32.20.090. Prior: 1937 c 95 § 5; 1929 c 74 § 8; 1921 c 156 § 11f; RRS § 3381-8.]

Sections:  Previous  32.20.040  32.20.045  32.20.047  32.20.050  32.20.060  32.20.070  32.20.080  32.20.090  32.20.100  32.20.110  32.20.120  32.20.130  32.20.210  32.20.215  32.20.217  Next

Last modified: April 7, 2009