Chapter 32.20 RCW

INVESTMENTS

Sections
Definitions.
Power to invest fundsRestrictions.
Bonds or obligations of United States and Canada.
Investment trusts or companies.
Federally insured or secured loans, securities, etc.
Obligations of corporations created as federal agency or instrumentality.
Stock of small business investment companies regulated by United States.
Bonds of state of Washington and its agencies.
Bonds of other states.
Bonds and warrants of counties, municipalities, etc., of Washington.
Municipal bonds in adjoining state.
Housing and industrial development bonds and municipal obligations in any state.
Revenue bonds of certain cities in any state.
District bonds secured by taxing power.
Local improvement district bonds.
Bonds of irrigation, diking, drainage districts.
Obligations of International Bank for Reconstruction and Development.
Obligations issued or guaranteed by Inter-American Development Bank.
Obligations of Asian Development Bank.
Obligations issued or guaranteed by African Development Bank or other multilateral development bank.
Bankers' acceptances, bills of exchange, and commercial paper.
Notes secured by investments.
Notes secured by pledge or assignment of account.
Loans secured by real estate, mobile homes, movable buildings.
Valuation of property to be mortgagedAppraiser's opinion.
Investments in real estate.
Investments through purchase of real estateImprovements.
Home loan bank as depositary.
Deposit of securities.
Investment of funds.
InvestmentsLoans, preferred stock, or interest-bearing obligationsRestrictions.
InvestmentsQualified thrift investments.
Stock or bonds of federal home loan bank.
Stock of federal reserve bank or Federal Deposit Insurance Corporation.
Corporate bonds and other interest-bearing or discounted obligations.
Stocks, securities, of corporations not otherwise eligible for investment.
Obligations of corporations or associations federally authorized to insure or market real estate mortgagesLoans, etc., eligible for insurance.
Loans for home or property repairs, alterations, appliances, improvements, additions, furnishings, underground utilities, education or nonbusiness family purposes.
Limitation of total investment in certain obligations.
Limitation on certain secured and unsecured loans.
Loans to banks or trust companies.
Purchase of United States securities from banks or trust companies.
Stock, other securities, and obligations of federally insured institutions.
Low-cost housingLegislative finding.
Low-cost housingFactory built housingMobile homes.
Improvement of private land for public parks and recreation areas.
Loans or investments to provide adequate housing and environmental improvementsCriteriaRestrictions.
Construction1973 1st ex.s. c 31.
NOTES:
Federal bonds and notes as investment or collateral: Chapter 39.60 RCW.
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