32.20.480 – Loans or investments to provide adequate housing and environmental improvements—Criteria—Restrictions.
RCW 32.20.480 Loans or investments to provide adequate housing and environmental improvements—Criteria—Restrictions. Loans or investments made under *this 1973 amendatory act may provide a less than market rate of return and entail a higher degree of risk than might otherwise be acceptable to the general market, so long as the board of trustees of the […]
32.20.340 – Stock or bonds of federal home loan bank.
RCW 32.20.340 Stock or bonds of federal home loan bank. See RCW 30A.32.020.
32.20.350 – Stock of federal reserve bank or Federal Deposit Insurance Corporation.
RCW 32.20.350 Stock of federal reserve bank or Federal Deposit Insurance Corporation. See RCW 30A.32.010.
32.20.370 – Corporate bonds and other interest-bearing or discounted obligations.
RCW 32.20.370 Corporate bonds and other interest-bearing or discounted obligations. A mutual savings bank may invest its funds in bonds or other interest bearing or discounted obligations of corporations not otherwise eligible for investment by the savings bank which are prudent investments for such bank in the opinion of its board of trustees or of […]
32.20.380 – Stocks, securities, of corporations not otherwise eligible for investment.
RCW 32.20.380 Stocks, securities, of corporations not otherwise eligible for investment. A mutual savings bank may invest its funds in stocks or other securities of corporations not otherwise eligible for investment by the savings bank which are prudent investments for the bank in the opinion of its board of trustees or of a committee thereof […]
32.20.390 – Obligations of corporations or associations federally authorized to insure or market real estate mortgages—Loans, etc., eligible for insurance.
RCW 32.20.390 Obligations of corporations or associations federally authorized to insure or market real estate mortgages—Loans, etc., eligible for insurance. A mutual savings bank may invest its funds: (1) In capital stock, notes, bonds, debentures, participating certificates, and other obligations of any corporation or association which is or hereafter may be created pursuant to any […]
32.20.300 – Home loan bank as depositary.
RCW 32.20.300 Home loan bank as depositary. See RCW 30A.32.040.
32.20.310 – Deposit of securities.
RCW 32.20.310 Deposit of securities. A savings bank may deposit securities owned by it, for safekeeping, with any duly designated depositary for the bank’s funds. The written statement of the depositary that it holds for safekeeping specified securities of a savings bank may be taken as evidence of the facts therein shown by any public […]
32.20.320 – Investment of funds.
RCW 32.20.320 Investment of funds. 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 […]
32.20.330 – Investments—Loans, preferred stock, or interest-bearing obligations—Restrictions.
RCW 32.20.330 Investments—Loans, preferred stock, or interest-bearing obligations—Restrictions. A mutual savings bank may invest in loans to sole proprietorships, partnerships, limited liability companies, corporations, or other entities, or in preferred stock or discounted or other interest bearing obligations issued, guaranteed, or assumed by limited liability companies or corporations commonly accepted as industrial corporations or engaged […]