RCW 57.20.160
Maintenance or general fund and special funds—Deposits and investments.
Whenever there shall have accumulated in any general or special fund of a district money, the disbursement of which is not yet due, the board of commissioners may, by resolution, authorize the treasurer to deposit or invest such money in qualified public depositaries, or to invest such money in any investment permitted at any time by RCW 36.29.020. However, the county treasurer may refuse to invest any district money the disbursement of which will be required during the period of investment to meet outstanding obligations of the district.
[ 1996 c 230 § 719; 1986 c 294 § 13; 1983 c 66 § 22; 1981 c 24 § 4; 1973 1st ex.s. c 140 § 3; 1959 c 108 § 16.]
NOTES:
Part headings not law—Effective date—1996 c 230: See notes following RCW 57.02.001.
Severability—1983 c 66: See note following RCW 39.58.010.
Public depositaries: Chapter 39.58 RCW.
Structure Revised Code of Washington
Title 57 - Water-Sewer Districts
57.20.010 - General obligation bonds—Term—Issuance—Excess bond retirement levies.
57.20.015 - Refunding general obligation bonds.
57.20.018 - Revenue bonds authorized—Use.
57.20.0181 - Additional revenue bonds for increased cost of improvements.
57.20.019 - Additions and betterments.
57.20.020 - Revenue bonds—Special fund.
57.20.025 - Refunding revenue bonds.
57.20.027 - Revenue warrants and revenue bond anticipation warrants.
57.20.028 - Warrants, when authorized—Procedure.
57.20.030 - Local improvement guaranty fund.
57.20.080 - Guaranty fund—Subrogation of district as trustee.
57.20.090 - Rights and remedies of bond owner.
57.20.105 - Vote on general indebtedness.
57.20.110 - Limitation of indebtedness.
57.20.120 - Additional indebtedness—Ballot proposition.
57.20.130 - Bonds—Payment of interest.
57.20.135 - Treasurer—Designation—Approval—Powers and duties—Bond.
57.20.140 - Maintenance or general fund and special funds.
57.20.160 - Maintenance or general fund and special funds—Deposits and investments.