Washington § 39.60.030 Obligations eligible as collateral security.

Washington Statutes

§ 39.60.030 — Obligations eligible as collateral security.

Washington § 39.60.030

Title 39PUBLIC CONTRACTS AND INDEBTEDNESS

Ch. 39.60INVESTMENT OF FUNDS IN BONDS, NOTES, ETC.—COLLATERAL

This text of Washington § 39.60.030 (Obligations eligible as collateral security.) 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 § 39.60.030 (2026).

Text

Wherever, by statute of this state, collateral is required as security for the deposit of funds; or deposits are required to be made with any public official or department; or an investment of capital or surplus, or a reserve or other fund is required to be maintained consisting of designated securities, the bonds and other securities herein made eligible for investment shall also be eligible for such purpose.

Severability — 1933 ex.s. c 37: See note following RCW 39.60.010 .

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Wherever, by statute of this state, collateral is required as security for the deposit of funds; or deposits are required to be made with any public official or department; or an investment of capital or surplus, or a reserve or other fund is required to be maintained consisting of designated securities, the bonds and other securities herein made eligible for investment shall also be eligible for such purpose.

Severability — 1933 ex.s. c 37: See note following RCW 39.60.010 .