Chapter 39.58 RCW

PUBLIC FUNDS—DEPOSITS AND INVESTMENTS—PUBLIC DEPOSITARIES

Sections
Definitions.
Public fundsProtection against loss.
Public deposit protection commissionState finance committee constitutesProceedings.
General powers of commission.
Collateral for depositsSegregationEligible securities.
Loss in a public depositaryProcedure for payment.
Subrogation of commission to depositor's rightsSums received from distribution of assets, payment.
Deposit of public funds in public depositary requiredDeposits in institutions located outside the state.
Demand accounts in out-of-state and alien banksLimitations.
Authority to secure deposits in accordance with chapterBonds and securities for deposits dispensed with.
Reports of public depositariesCertification by director of financial institutions.
Notice to commission of reduced net worth.
Investigation of financial institution applying to become public depositaryReport.
Requirements to become depositary.
Investment depositsNet worth of public depositary.
Limitations on deposits.
Liability of treasurers and state treasurer.
Statewide custodianExemption from chapter.
Public depositary poolUniform treatment by commission.
Failure to furnish informationFailure to comply with chapterRevocation of authorityCosts for noncompliance.
CommissionDelegation of authorityException.
Liability after merger, takeover, or acquisition.
Credit union as public depositaryConditions.
Receipt, disbursement, or transfer of public funds by wire or other electronic communication means authorized.
NOTES:
Department of financial institutions: Chapter 43.320 RCW.
State investment board: Chapter 43.33A RCW.
Surplus funds in state treasury, investment program: Chapter 43.86A RCW.
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