Washington Statutes
§ 32.20.320 — Investment of funds.
Washington § 32.20.320
This text of Washington § 32.20.320 (Investment of funds.) 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 § 32.20.320 (2026).
Text
The trustees of every savings bank shall as soon as practicable invest the moneys deposited with it in the securities prescribed in this title.
The purchase by a savings bank of a negotiable certificate of deposit or similar security issued by a bank need not be considered a deposit if the certificate or security is eligible for investment by a savings bank under any other provision of this title.
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Legislative History
[1969 c 55 s 8;1955 c 13 s 32.20.320. Prior:1929 c 74 s 25;1925 ex.s. c 86 s 11;1915 c 175 s 20; RRS s 3381-25.]
Nearby Sections
15
§ 32.04.002
Short title.§ 32.04.010
Scope of title.§ 32.04.012
Limits on loans and extensions of credit.§ 32.04.015
Duty to comply—Violations—Penalty.§ 32.04.020
Definitions.§ 32.04.022
"Mortgage" includes deed of trust.§ 32.04.050
Reports.§ 32.04.070
Certified copies of records as evidence.§ 32.04.100
Penalty for falsification.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 32.20.320, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.20.320.