39.60.030 Obligations eligible as collateral security.

WA Rev Code § 39.60.030 (2019) (N/A)
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RCW 39.60.030 Obligations eligible as collateral security.

Wherever, by statute of this state, collateral is required as security for the deposit of funds; or deposits are required to be made with any public official or department; or an investment of capital or surplus, or a reserve or other fund is required to be maintained consisting of designated securities, the bonds and other securities herein made eligible for investment shall also be eligible for such purpose.

[ 2016 c 152 § 15; 1939 c 32 § 2; 1935 c 11 § 2; 1933 ex.s. c 37 § 3; RRS § 5545-3.]

NOTES:

Severability—1933 ex.s. c 37: See note following RCW 39.60.010.