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91 chapters · 1,750 sections in this title.
RCW 35.39.030 Excess or inactive funds—Investment.
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Every city and town may invest any portion of the moneys in its inactive funds or in other funds in excess of current needs in: (1) United States bonds; (2) United States certificates of indebtedness; (3) Bonds or warrants of this state; (4) General obligation or utility revenue …
RCW 35.39.032 Approval of legislative authority—Delegation of authority—Reports.
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No investment shall be made without the approval of the legislative authority of the city or town expressed by ordinance: PROVIDED, That except as otherwise provided by law, the legislative authority may by ordinance authorize a city official or a committee composed of several ci…
RCW 35.39.034 Investment by individual fund or commingling of funds—Investment in United States securities—Validation.
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Moneys thus determined available for this purpose may be invested on an individual fund basis or may, unless otherwise restricted by law be commingled within one common investment portfolio for investment. All income derived from such investment shall be apportioned and used for …
RCW 35.39.050 Construction—1965 c 7.
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RCW 35.39.030 shall be deemed cumulative and not exclusive and shall be additional to any other power or authority granted any city or town. [ 1983 c 3 s 56; 1965 c 7 s 35.39.050. Prior: 1943 c 92 s 3; Rem. Supp. 1943 s 5646-15.]
