Washington Statutes
§ 35.39.070 — City retirement system—Registration and custody of securities.
Washington § 35.39.070
This text of Washington § 35.39.070 (City retirement system—Registration and custody of securities.) 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 § 35.39.070 (2026).
Text
The city treasurer may cause any securities in which the city retirement system deals to be registered in the name of a nominee without mention of any fiduciary relationship, except that adequate records shall be maintained to identify the actual owner of the security so registered. The securities so registered shall be held in the physical custody of the city treasurer, the federal reserve system, the designee of the city treasurer, or at the election of the designee and upon approval of the city treasurer, the Pacific Securities Depository Trust Company Inc. or the Depository Trust Company of New York City or its designees.
With respect to the securities, the nominee shall act only on the direction of the retirement board. All rights to the dividends, interest, and sale proceeds from th
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Related
§ 35.39.060
Washington § 35.39.060
Legislative History
[1982 c 166 s 2.]
Nearby Sections
15
§ 35.01.010
First-class city.§ 35.01.020
Second-class city.§ 35.01.040
Town.§ 35.02.005
Purpose.§ 35.02.010
Authority for incorporation—Number of inhabitants required.(Effective until June 30, 2028.)§ 35.02.030
Petition for incorporation—Contents.§ 35.02.035
Petition—Auditor's duties.§ 35.02.037
Petition—Notice of certification.§ 35.02.039
Public hearing—Time limitations.§ 35.02.040
Public hearing—Publication of notice.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 35.39.070, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/35.39.070.