Revised Code of Washington - RCW Title 35 Cities And Towns - Section 35.38.040 Segregation of collateral

§ 35.38.040. Segregation of collateral

Before any such designation shall entitle the treasurer to make deposits in any financial institution, each financial institution so designated shall segregate eligible securities as collateral as provided by RCW 39.58.050 as now or hereafter amended.

[1984 c 177 § 2; 1973 c 126 § 3; 1969 ex.s. c 193 § 25; 1967 c 132 § 6; 1965 c 7 § 35.38.040. Prior: 1945 c 240 § 2; 1935 c 45 § 3; 1931 c 87 § 5; 1909 c 40 § 1; 1907 c 22 § 2; Rem. Supp. 1945 § 5572.]

Notes:
     Construction -- Severability -- 1969 ex.s. c 193: See notes following RCW 39.58.010.

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Last modified: April 7, 2009