Statutes > Washington Statutes > Title 32 - Mutual savings banks > 32.20 - Investments. > 32.20.020 - Power to invest funds -- Restrictions.

32.20.020 - Power to invest funds -- Restrictions.

Power to invest funds — Restrictions.

A mutual savings bank shall have the power to invest its funds in the manner set forth in chapter 32.08 RCW and in this chapter and not otherwise.

[1999 c 14 § 25; 1955 c 13 § 32.20.020. Prior: 1929 c 74 § 2; RRS § 3381-2.]

Notes: Severability -- 1999 c 14: See RCW 32.35.900.