Revised Code of Washington
Chapter 33.24 - Loans and Investments.
33.24.020 - Obligations of United States or Canada.

RCW 33.24.020
Obligations of United States or Canada.

An association may invest its funds in loans upon or purchases of the bonds or obligations of or bonds or obligations guaranteed by the United States of America, including bonds of the District of Columbia, of the Dominion of Canada, or those for which the faith of the United States or the Dominion of Canada is pledged to provide for the payment of interest and principal: PROVIDED, That, in the case of bonds of the Dominion of Canada or those for which its faith is pledged, the interest and principal shall be payable in the United States or with exchange to a city in the United States and in lawful money of the United States or its equivalent.

[ 1947 c 257 § 6; 1945 c 235 § 59; Rem. Supp. 1947 § 3717-178. Prior: 1939 c 98 § 11; 1935 c 9 §§ 1, 2, 3; 1933 c 183 § 56.]

Structure Revised Code of Washington

Revised Code of Washington

Title 33 - Washington Savings Association Act

Chapter 33.24 - Loans and Investments.

33.24.005 - "Mortgage" includes deed of trust and real estate contract.

33.24.007 - "Real property" defined.

33.24.010 - Authority to invest—Limits on loans and extensions of credit.

33.24.015 - Loans generally—Limitation.

33.24.020 - Obligations of United States or Canada.

33.24.025 - Investment in investment trusts or companies.

33.24.030 - Obligations of this state.

33.24.040 - Obligations of other states.

33.24.050 - Obligations of municipal corporations in this state.

33.24.060 - Obligations of municipal corporations in any state.

33.24.065 - Obligations issued or guaranteed by multilateral development bank.

33.24.070 - City or district light, water, and sewer revenue bonds.

33.24.080 - Local improvement district bonds.

33.24.090 - Obligations of federal and state agencies—Investment in other associations.

33.24.100 - Loans or other obligations secured by real property.

33.24.115 - Forming, incorporating with, or investing in other entities—Limitation.

33.24.160 - Investment in office equipment and real property interests used in doing business.

33.24.200 - Personal liability on unlawful loans.

33.24.210 - Revenue bonds of public utility districts.

33.24.220 - Stock or bonds of federal home loan bank.

33.24.270 - Stock in small business investment companies.

33.24.295 - Loans for nonbusiness family purposes—Limitation.

33.24.345 - Acquisition of control of association—Authorized.

33.24.350 - Acquisition of control of association—Definitions.

33.24.360 - Acquisition of control of association—Unlawful, when—Application—Contents—Notice to other associations—Penalty.

33.24.370 - Acquisition of control of association—Action or proceeding to prevent—Grounds.

33.24.375 - Acquisition of control of association—Application to foreign association branches.