RCW 33.24.090
Obligations of federal and state agencies—Investment in other associations.
An association may invest its funds in stock or notes, bonds, debentures, or other such obligations of any federal home loan bank, the Home Owners' Loan Corporation, any federal land bank, the Federal Savings and Loan Insurance Corporation, the Federal Housing Administration, the Federal National Mortgage Association, or any other instrumentality of the federal government, or any state or federal agency organized under the laws of the United States or of the state of Washington authorized to loan to or act as a fiscal agency for, or insurer of, a savings and loan association.
An association may become a member of and invest its funds in other savings and loan associations organized under either federal or state law, which have an authorized office in this state: PROVIDED, That the investment in any such other savings and loan association shall not exceed the amount which is insured by the Federal Savings and Loan Insurance Corporation.
[ 1959 c 280 § 3; 1953 c 71 § 8; 1945 c 235 § 66; Rem. Supp. 1945 § 3717-185. Prior: 1939 c 98 § 11; 1935 c 9 §§ 1, 2, 3; 1933 c 183 § 56.]
Structure 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.
33.24.370 - Acquisition of control of association—Action or proceeding to prevent—Grounds.
33.24.375 - Acquisition of control of association—Application to foreign association branches.