reglab/housing_qa huggingface dataset:
WA Rev Code § 32.20.030 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.030 - Bonds or obligations of United States and Canada.

RCW 32.20.030 Bonds or obligations of United States and Canada.A mutual savings bank may invest its funds in the bonds or obligations of the United States or the Dominion of Canada or those for which the faith of the United States or the Dominion of Canada is pledged to provide for the payment of the interest and principal, including bonds of the District of Columbia: PROVIDED, That in the case of bonds of the Dominion or those for which its faith is pledged the interest and principal is payable in the United States or with exchange to a city in the United States and in lawful money of the United States or its equivalent.[ 1955 c 13 § 32.20.030. Prior: 1937 c 95 § 1; 1929 c 74 § 3; 1925 ex.s. c 86 § 2; 1921 c 156 §§ 11, 11a; RRS § 3381-3.]
WA Rev Code § 32.20.035 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.035 - Investment trusts or companies.

RCW 32.20.035 Investment trusts or companies.Except as may be limited by the director by rule, a mutual savings bank may invest its funds in obligations of the United States, as authorized by RCW 32.20.030, either directly or in the form of securities of, or other interests in, an open-end or closed-end management type investment company or investment trust registered under the federal investment company act of 1940, as now or hereafter amended, if both of the following conditions are met:(1) The portfolio of the investment company or investment trust is limited to obligations of the United States and to repurchase agreements fully collateralized by such obligations; and(2) The investment company or investment trust takes delivery of the collateral for any repurchase agreement either directly or through an authorized custodian.[ 1994 c 92 § 336; 1989 c 97 § 2.]
WA Rev Code § 32.20.040 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.040 - Federally insured or secured loans, securities, etc.

RCW 32.20.040 Federally insured or secured loans, securities, etc.A mutual savings bank may invest its funds:(1) In such loans and advances of credit and purchases of obligations representing loans and advances of credit as are eligible for insurance by the Federal Housing Administrator, and may obtain such insurance.(2) In such loans secured by mortgage on real property as the Federal Housing Administrator insures or makes a commitment to insure, and may obtain such insurance.(3) In such other loans or contracts or advances of credit as are insured or guaranteed or which are covered by a repurchase agreement in whole or in part by the United States or through any corporation, administrator, agency or instrumentality which is or hereafter may be created by the United States, and may obtain such insurance or guarantee.(4) In capital stock, notes, bonds, debentures, or other such obligations of any national mortgage association.(5) In such loans as are secured by contracts of the United States or any agency or department thereof assigned under the "Assignment of Claims Act of 1940," approved October 9, 1940, and acts amendatory thereof or supplementary thereto, and may participate with others in such loans.(6) In notes or bonds secured by mortgages issued under sections 500 to 505, inclusive, of Title III of the Servicemen's Readjustment Act of 1944 (Public Law 346, 78th congress), and any amendments thereto, and the regulations, orders or rulings promulgated thereunder.No law of this state prescribing the nature, amount, or form of security or requiring security or prescribing or limiting interest rates or prescribing or limiting the term, shall be deemed to apply to loans, contracts, advances of credit or purchases made pursuant to the foregoing subdivisions (1), (2), (3), (4), (5), and (6).[ 1963 c 176 § 5; 1955 c 13 § 32.20.040. Prior: 1945 c 228 § 1; 1941 c 15 § 6; 1939 c 33 § 1; 1935 c 10 § 1; 1929 c 74 § 3a; Rem. Supp. 1945 § 3381-3a.]
WA Rev Code § 32.20.045 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.045 - Obligations of corporations created as federal agency or instrumentality.

RCW 32.20.045 Obligations of corporations created as federal agency or instrumentality.A mutual savings bank may invest its funds in capital stock, notes, bonds, debentures, or other such obligations of any corporation which is or hereafter may be created by the United States as a governmental agency or instrumentality: PROVIDED, That the total amount a mutual savings bank may invest pursuant to this section shall not exceed fifteen percent of the funds of such savings bank: PROVIDED FURTHER, That the amounts heretofore or hereafter invested by a mutual savings bank pursuant to any law of this state other than this section, even if such investment might also be authorized under this section, shall not be limited by the provisions of this section and amounts so invested pursuant to any such other law of this state shall not be included in computing the maximum amount which may be invested pursuant to this section.[ 1967 c 145 § 4; 1957 c 80 § 10.]
WA Rev Code § 32.20.047 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.047 - Stock of small business investment companies regulated by United States.

RCW 32.20.047 Stock of small business investment companies regulated by United States.A savings bank may purchase and hold for its own investment account stock in small business investment companies licensed and regulated by the United States, as authorized by the Small Business Act, Public Law 85-536, 72 Statutes at Large 384, in an amount not to exceed one percent of the guaranty fund of such mutual savings bank.[ 1959 c 185 § 2.]
WA Rev Code § 32.20.050 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.050 - Bonds of state of Washington and its agencies.

RCW 32.20.050 Bonds of state of Washington and its agencies.A mutual savings bank may invest its funds in the bonds or interest bearing obligations of this state, or any agency thereof, issued pursuant to the authority of any law of this state, whether such bonds or interest bearing obligations are general or limited obligations of the state or such agency.[ 1955 c 13 § 32.20.050. Prior: 1953 c 238 § 4; 1929 c 74 § 9; 1921 c 156 § 11b; RRS § 3381-4.]
WA Rev Code § 32.20.060 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.060 - Bonds of other states.

RCW 32.20.060 Bonds of other states.A mutual savings bank may invest its funds in the bonds or obligations of any other state of the United States upon which there is no default.[ 1955 c 13 § 32.20.060. Prior: 1937 c 95 § 2; 1929 c 74 § 5; 1921 c 156 § 11c; RRS § 3381-5.]
WA Rev Code § 32.20.070 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.070 - Bonds and warrants of counties, municipalities, etc., of Washington.

RCW 32.20.070 Bonds and warrants of counties, municipalities, etc., of Washington.A mutual savings bank may invest its funds in the valid warrants or bonds of any county, city, town, school district, port district, water-sewer district, or other municipal corporation in the state of Washington issued pursuant to law and for the payment of which the faith and credit of such county, municipality, or district is pledged and taxes are leviable upon all taxable property within its limits.A mutual savings bank may invest its funds in the water revenue, sewer revenue, or electric revenue bonds of any city or public utility district of this state for the payment of which the entire revenue of the city's or district's water system, sewer system, or electric system, less maintenance and operating costs, is irrevocably pledged.[ 1999 c 153 § 26; 1955 c 13 § 32.20.070. Prior: 1941 c 15 § 7; 1937 c 95 § 3; 1929 c 74 § 6; 1925 ex.s. c 86 § 3; 1921 c 156 § 11d; Rem. Supp. 1941 § 3381-6.]NOTES:Part headings not law—1999 c 153: See note following RCW 57.04.050.
WA Rev Code § 32.20.080 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.080 - Municipal bonds in adjoining state.

RCW 32.20.080 Municipal bonds in adjoining state.A mutual savings bank may invest its funds in the valid bonds of any incorporated city having a population in excess of three thousand inhabitants as shown by the last decennial federal census or of any county or school district situated in one of the states of the United States which adjoins the state of Washington: PROVIDED, That the indebtedness of such city or school district, together with the indebtedness of any other district or other municipal corporation or subdivision (except a county) which is wholly or in part included within the boundaries or limits of the city or school district, less its water debt and sinking fund, does not exceed twelve percent, or the indebtedness of the county less its sinking fund does not exceed seven percent, of the valuation thereof for the purposes of taxation.[ 1955 c 13 § 32.20.080. Prior: 1937 c 95 § 4; 1929 c 74 § 7; 1925 ex.s. c 86 § 4; 1921 c 156 § 11e; RRS § 3381-7.]
WA Rev Code § 32.20.090 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.090 - Housing and industrial development bonds and municipal obligations in any state.

RCW 32.20.090 Housing and industrial development bonds and municipal obligations in any state.A mutual savings bank may invest in housing or industrial development bonds or municipal obligations issued by a state, county, parish, borough, city, or district situated in the United States, or by any instrumentality thereof, provided such bonds or obligations at the time of purchase are prudent investments.[ 1985 c 56 § 11; 1955 c 13 § 32.20.090. Prior: 1937 c 95 § 5; 1929 c 74 § 8; 1921 c 156 § 11f; RRS § 3381-8.]
WA Rev Code § 32.20.100 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.100 - Revenue bonds of certain cities in any state.

RCW 32.20.100 Revenue bonds of certain cities in any state.A mutual savings bank may invest its funds in the water revenue or electric revenue bonds of any incorporated city situated in the United States: PROVIDED, That the city has a population as shown by the last decennial federal census of at least forty-five thousand inhabitants, and the entire revenue of the city's water or electric system less maintenance and operating costs is irrevocably pledged to the payment of the interest and principal of the bonds.[ 1955 c 13 § 32.20.100. Prior: 1941 c 15 § 8; 1937 c 95 § 6; Rem. Supp. 1941 § 3381-8a.]
WA Rev Code § 32.20.110 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.110 - District bonds secured by taxing power.

RCW 32.20.110 District bonds secured by taxing power.A mutual savings bank may invest its funds in the bonds of any port district, sanitary district, water-sewer district, tunnel district, bridge district, flood control district, park district, or highway district in the United States which has a population as shown by the last decennial federal census of not less than one hundred fifty thousand inhabitants, and has taxable real property with an assessed valuation in excess of two hundred million dollars and has power to levy taxes on the taxable real property therein for the payment of the bonds without limitation of rate or amount.[ 1999 c 153 § 27; 1955 c 13 § 32.20.110. Prior: 1937 c 95 § 7; RRS § 3381-8b.]NOTES:Part headings not law—1999 c 153: See note following RCW 57.04.050.
WA Rev Code § 32.20.120 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.120 - Local improvement district bonds.

RCW 32.20.120 Local improvement district bonds.A mutual savings bank may invest not to exceed fifteen percent of its funds in the bonds or warrants of any local improvement district of any city or town of this state (except bonds or warrants issued for an improvement consisting of grading only), unless the total indebtedness of the district after the completion of the improvement for which the bonds or warrants are issued, plus the amount of all other assessments of a local or special nature against the land assessed or liable to be assessed to pay the bonds, exceed fifty percent of the value of the benefited property, exclusive of improvements, at the time the bonds or warrants are purchased or taken by the bank, according to the actual valuation last placed upon the property for general taxation.Before any such bonds or warrants are purchased or taken as security the condition of the district's affairs shall be ascertained and the property of the district examined by at least two members of the board of investment who shall report in writing their findings and recommendations; and no bonds or warrants shall be taken unless such report is favorable, nor unless the executive committee of the board of trustees after careful investigation is satisfied of the validity of the bonds or warrants and of the validity and sufficiency of the assessment or other means provided for payment thereof: PROVIDED, That, excepting bonds issued by local improvement districts in cities of the first or second class, for improvements ordered after June 7, 1927, no local improvement district bonds falling within the twenty-five percent in amount of any issue last callable for payment, shall be acquired or taken as security.[ 1955 c 13 § 32.20.120. Prior: 1953 c 238 § 5; 1929 c 74 § 9; 1921 c 156 § 11h; RRS § 3381-9.]
WA Rev Code § 32.20.130 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.130 - Bonds of irrigation, diking, drainage districts.

RCW 32.20.130 Bonds of irrigation, diking, drainage districts.A mutual savings bank may invest not to exceed five percent of its funds in the bonds of any irrigation, diking, drainage, diking improvement, or drainage improvement district of this state, unless the total indebtedness of the district after the completion of the improvement for which the bonds are issued, plus the amount of all other assessments of a local or special nature against the land assessed or liable to be assessed to pay the bonds, exceeds forty percent of the value of the benefited property, exclusive of improvements, at the time the bonds are purchased or taken by the bank, according to the actual valuation last placed upon the property for general taxation.Before any such bonds are purchased or taken as security the condition of the district's affairs shall be ascertained and the property of the district examined by at least two members of the board of investment of the mutual savings bank, who shall report in writing their findings and recommendations; and no bonds shall be taken unless such report is favorable, nor unless the executive committee of the board of trustees after careful investigation is satisfied of the validity of the bonds and of the sufficiency of the assessment or other means provided for payment thereof: PROVIDED, That no mutual savings bank shall invest a sum greater than three percent of its funds, or, in any event, more than three hundred thousand dollars, in the bonds of any one district described in this section.[ 1955 c 13 § 32.20.130. Prior: 1929 c 74 § 10; 1921 c 156 § 11h; RRS § 3381-10.]
WA Rev Code § 32.20.210 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.210 - Obligations of International Bank for Reconstruction and Development.

RCW 32.20.210 Obligations of International Bank for Reconstruction and Development.A mutual savings bank may invest not to exceed five percent of its funds in interest bearing obligations of the International Bank for Reconstruction and Development.[ 1955 c 13 § 32.20.210. Prior: 1949 c 119 § 3; Rem. Supp. 1949 § 3381-16b.]
WA Rev Code § 32.20.215 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.215 - Obligations issued or guaranteed by Inter-American Development Bank.

RCW 32.20.215 Obligations issued or guaranteed by Inter-American Development Bank.A mutual savings bank may invest not to exceed five percent of its funds in obligations issued or guaranteed by the Inter-American Development Bank.[ 1963 c 176 § 14.]
WA Rev Code § 32.20.217 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.217 - Obligations of Asian Development Bank.

RCW 32.20.217 Obligations of Asian Development Bank.A mutual savings bank may invest not to exceed five percent of its funds in obligations issued or guaranteed by the Asian Development Bank.[ 1971 ex.s. c 222 § 7.]NOTES:Severability—1971 ex.s. c 222: See note following RCW 32.04.085.
WA Rev Code § 32.20.219 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.219 - Obligations issued or guaranteed by African Development Bank or other multilateral development bank.

RCW 32.20.219 Obligations issued or guaranteed by African Development Bank or other multilateral development bank.A mutual savings bank may invest not to exceed five percent of its funds in obligations issued or guaranteed by the African Development Bank or in obligations issued or guaranteed by any multilateral development bank in which the United States government formally participates.[ 1985 c 301 § 1.]
WA Rev Code § 32.20.220 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.220 - Bankers' acceptances, bills of exchange, and commercial paper.

RCW 32.20.220 Bankers' acceptances, bills of exchange, and commercial paper.A mutual savings bank may invest not to exceed twenty percent of its funds in the following:(1) Bankers' acceptances, and bills of exchange made eligible by law for rediscount with federal reserve banks, provided the same are accepted by a bank or trust company which is a member of the federal reserve system and which has a capital and surplus of not less than two million dollars, or commercial paper which is a prudent investment.(2) Bills of exchange drawn by the seller on the purchaser of goods and accepted by such purchaser, of the kind made eligible by law for rediscount with federal reserve banks, provided the same are indorsed by a bank or trust company which is a member of the federal reserve system and which has a capital and surplus of not less than two million dollars.The aggregate amount of the liability of any bank or trust company to any mutual savings bank, whether as principal or indorser, for acceptances held by such savings bank and deposits made with it, shall not exceed twenty-five percent of the paid up capital and surplus of such bank or trust company, and not more than five percent of the funds of any mutual savings bank shall be invested in the acceptances of or deposited with a bank or trust company of which a trustee of such mutual savings bank is a director.[ 1985 c 56 § 12; 1955 c 13 § 32.20.220. Prior: 1929 c 74 § 17; RRS § 3381-17.]
WA Rev Code § 32.20.230 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.230 - Notes secured by investments.

RCW 32.20.230 Notes secured by investments.A mutual savings bank may invest its funds in promissory notes payable to the order of the savings bank, secured by the pledge or assignment of investments lawfully purchasable by a savings bank. No such loan shall exceed ninety percent of the cash market value of such investments so pledged. Should any of the investments so held in pledge depreciate in value after the making of such loan, the savings bank shall require an immediate payment of such loan, or of a part thereof, or additional security therefor, so that the amount loaned thereon shall at no time exceed ninety percent of the market value of the investments so pledged for such loan.[ 1969 c 55 § 5; 1963 c 176 § 6; 1955 c 13 § 32.20.230. Prior: 1945 c 228 § 2; 1929 c 74 § 18; Rem. Supp. 1945 § 3381-18.]NOTES:Interest and usury in general: Chapter 19.52 RCW.
WA Rev Code § 32.20.240 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.240 - Notes secured by pledge or assignment of account.

RCW 32.20.240 Notes secured by pledge or assignment of account.A mutual savings bank may invest its funds in promissory notes made payable to the order of the savings bank, secured by the pledge or assignment of the account of the mutual savings bank as collateral security for the payment thereof. No such loan shall exceed the balance due the holder of such account.[ 1967 c 145 § 5; 1955 c 13 § 32.20.240. Prior: 1945 c 228 § 3; 1929 c 74 § 19; 1921 c 156 § 11m; Rem. Supp. 1945 § 3381-19.]NOTES:Interest and usury in general: Chapter 19.52 RCW.
WA Rev Code § 32.20.253 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.253 - Loans secured by real estate, mobile homes, movable buildings.

RCW 32.20.253 Loans secured by real estate, mobile homes, movable buildings.A mutual savings bank may invest its funds in loans secured by real estate or on the security of mobile homes or other movable buildings or any interest or estate in any of the foregoing. Such loans may be on such terms and conditions and subject to such limitations and restrictions as the board of trustees shall from time to time establish.[ 1981 c 86 § 14.]NOTES:Severability—1981 c 86: See note following RCW 32.08.140.
WA Rev Code § 32.20.265 (2021)
2021 Revised Code of Washington|Title 32 - Washington Savings Bank Act|Chapter 32.20 - Investments.|32.20.265 - Valuation of property to be mortgaged—Appraiser's opinion.

RCW 32.20.265 Valuation of property to be mortgaged—Appraiser's opinion.When, under any provision of this title, a written report is required of members of the board of investment of a mutual savings bank certifying according to their best judgment the value of any property to be mortgaged such value may be determined upon the signed opinion in writing of an appraiser appointed by the board of trustees of such bank.[ 1957 c 80 § 9.]