Washington Statutes

§ 32.20.080 — Municipal bonds in adjoining state.

Washington § 32.20.080
JurisdictionWashington
Title 32WASHINGTON SAVINGS BANK ACT
Ch. 32.20INVESTMENTS

This text of Washington § 32.20.080 (Municipal bonds in adjoining state.) 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 § 32.20.080 (2026).

Text

A mutual savings bank may invest its funds in the valid bonds of any incorporated city having a population in excess of three thousand inhabitants as shown by the last decennial federal census or of any county or school district situated in one of the states of the United States which adjoins the state of Washington: PROVIDED, That the indebtedness of such city or school district, together with the indebtedness of any other district or other municipal corporation or subdivision (except a county) which is wholly or in part included within the boundaries or limits of the city or school district, less its water debt and sinking fund, does not exceed twelve percent, or the indebtedness of the county less its sinking fund does not exceed seven percent, of the valuation thereof for the purposes

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

[1955 c 13 s 32.20.080. Prior:1937 c 95 s 4;1929 c 74 s 7;1925 ex.s. c 86 s 4;1921 c 156 s 11e; RRS s 3381-7.]

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Washington § 32.20.080, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.20.080.