2015 Revised Code of Washington
Title 39 - PUBLIC CONTRACTS AND INDEBTEDNESS
39.60 Investment of public funds in bonds, notes, etc.—Collateral.
39.60.030 Obligations eligible as collateral security.
RCW 39.60.030 Obligations eligible as collateral security.
Wherever, by statute of this state, collateral is required as security for the deposit of public or other funds; or deposits are required to be made with any public official or department; or an investment of capital or surplus, or a reserve or other fund is required to be maintained consisting of designated securities, the bonds and other securities herein made eligible for investment shall also be eligible for such purpose.
[1939 c 32 § 2; 1935 c 11 § 2; 1933 ex.s. c 37 § 3; RRS § 5545-3.]
NOTES:
Severability—1933 ex.s. c 37: See note following RCW 39.60.010.
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