Washington Statutes

§ 32.20.047 — Stock of small business investment companies regulated by United States.

Washington § 32.20.047
JurisdictionWashington
Title 32WASHINGTON SAVINGS BANK ACT
Ch. 32.20INVESTMENTS

This text of Washington § 32.20.047 (Stock of small business investment companies regulated by United States.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wash. Rev. Code § 32.20.047 (2026).

Text

A savings bank may purchase and hold for its own investment account stock in small business investment companies licensed and regulated by the United States, as authorized by the Small Business Act, Public Law 85-536, 72 Statutes at Large 384, in an amount not to exceed one percent of the guaranty fund of such mutual savings bank.

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Legislative History

[1959 c 185 s 2.]

Nearby Sections

15
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Bluebook (online)
Washington § 32.20.047, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.20.047.