RCW 39.58.090: Authority to secure deposits in accordance with chapter—Bonds and securities for deposits dispensed with.

RCWs > Title 39 > Chapter 39.58 > Section 39.58.090

These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.

39.58.085 << 39.58.090 >> 39.58.100

PDFRCW 39.58.090

Authority to secure deposits in accordance with chapter—Bonds and securities for deposits dispensed with.

All institutions located in this state which are permitted by the statutes of this state to hold and receive public funds shall have power to secure such deposits in accordance with this chapter. Except as provided in this chapter, no bond or other security shall be required of or given by any public depositary for any public funds on deposit.

[ 1996 c 256 § 10; 1984 c 177 § 15; 1969 ex.s. c 193 § 9.]