RCW 30A.32.020: Investment in federal home loan bank stock or bonds.

RCWs > Title 30A > Chapter 30A.32 > Section 30A.32.020

30A.32.010 << 30A.32.020 >> 30A.32.030

PDFRCW 30A.32.020

Investment in federal home loan bank stock or bonds.

Any savings and loan association, building and loan association, bank, savings bank, or mutual savings bank may become a member of and invest its funds in the bonds and/or the capital stock of a federal home loan bank, and vote such stock in the manner prescribed by its board of directors.

[ 2014 c 37 s 201; 1955 c 33 s 30.32.020. Prior: 1933 c 105 s 1; RRS s 3294-1. Formerly RCW 30.32.020.]