Washington Statutes
§ 33.24.050 — Obligations of municipal corporations in this state.
Washington § 33.24.050
This text of Washington § 33.24.050 (Obligations of municipal corporations in this 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 § 33.24.050 (2026).
Text
An association may invest its funds in the valid warrants or bonds of any city, town, county, school district, port district, or other municipal corporation in the state of Washington which are issued pursuant to law and for the payment of which the faith and credit of such municipal corporations is pledged and taxes are leviable upon all taxable property within its limits. The aggregate of the investments of an association in any issue of such warrants or bonds shall at no time exceed five percent of the amount of its savings accounts.
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Legislative History
[1945 c 235 s 62; Rem. Supp. 1945 s 3717-181. Prior:1939 c 98 s 11;1933 c 183 s 56.]
Nearby Sections
15
§ 33.04.002
Legislative declaration, intent—Purpose.§ 33.04.004
Short title.§ 33.04.005
Definitions.§ 33.04.020
Director—Powers and duties.§ 33.04.022
Director—Powers under chapter19.144RCW.§ 33.04.025
Rules.§ 33.04.030
Compelling attendance of witnesses.§ 33.04.060
Appellate review.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 33.24.050, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/33.24.050.