Washington Statutes

§ 33.24.040 — Obligations of other states.

Washington § 33.24.040
JurisdictionWashington
Title 33WASHINGTON SAVINGS ASSOCIATION ACT
Ch. 33.24LOANS AND INVESTMENTS

This text of Washington § 33.24.040 (Obligations of other 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 § 33.24.040 (2026).

Text

An association may invest its funds in the bonds or interest bearing obligations of any other state of the United States upon which there is no existing default and upon which there has been no default for more than ninety days within ten years immediately preceding the investment: PROVIDED, That such state has not been in default for more than ninety days, within said ten years, in the payment of any part of the principal or interest of any debt contracted by it or for which the faith of such state was pledged.

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Legislative History

[1945 c 235 s 61; Rem. Supp. 1945 s 3717-180. Prior:1939 c 98 s 11;1933 c 183 s 56.]

Nearby Sections

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Bluebook (online)
Washington § 33.24.040, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/33.24.040.