Revised Code of Washington
2024 Archive

Chapter 39.60 RCW
INVESTMENT OF FUNDS IN BONDS, NOTES, ETC.—COLLATERAL
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Sections
39.60.010Investment of trust funds authorized.
39.60.020Exchange of securities for federal agency bonds.
39.60.030Obligations eligible as collateral security.
39.60.040Insured shares, deposits or accounts as collateral—Partially guaranteed obligations.
39.60.050Investment of trust funds in notes, bonds, or debentures authorized—Requirements.
NOTES:
Bonds and warrants of state and municipal corporations as investment and collateral for public funds:
ferry system bonds: RCW 47.60.100.
metropolitan municipal corporation bonds: RCW 35.58.510.
public utility district bonds and warrants: RCW 54.24.120.
state warrants: RCW 43.84.120.
toll bridge bonds: RCW 47.56.150, 47.58.070, 47.60.100.
Investments in bonds and warrants of state and municipal corporations authorized for:
cities of first class, employees' retirement fund: RCW 41.28.080.
city and town pension funds: RCW 35.39.060.
current state funds: RCW 43.84.080.
metropolitan municipal corporation funds: RCW 35.58.520.
mutual savings banks: RCW 32.20.050, 32.20.070, 32.20.110, 32.20.120, 32.20.130.
permanent school fund: State Constitution Art. 16 s 5 (Amendment 44).
savings and loan associations: RCW 33.24.030, 33.24.050, 33.24.080.
statewide city employees' retirement fund: RCW 41.44.100.
volunteer firefighters' relief and pension principal fund and reserve officers' relief and pension principal fund: RCW 41.24.030.
workers' compensation funds: RCW 51.44.100.
Investments in federal bonds and securities authorized for:
cities and towns: RCW 35.39.030.
current state funds: RCW 43.84.080.
mutual savings banks: RCW 32.20.030.
savings and loan associations: RCW 33.24.020.
school district funds: RCW 28A.320.330.
school districts, first class, insurance reserve funds: RCW 28A.330.110.
statewide city employees' retirement fund: RCW 41.44.100.
workers' compensation funds: RCW 51.44.100.