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Chapter 39.60 RCW

INVESTMENT OF PUBLIC FUNDS IN BONDS, NOTES, ETC. — COLLATERAL

RCW Sections

39.60.010Investment of public and 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 public and 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.
   highway construction bonds: RCW 47.10.050, 47.10.190, 47.10.320, 47.10.450, 47.10.710.
   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 § 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' 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 capital projects fund: 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.