Washington § 32.20.110 - District bonds secured by taxing power.

Full text of Washington Revised Code of Washington § 32.20.110 — District bonds secured by taxing power., with citation guidance and answers to common questions.

§ 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 s 27; 1955 c 13 s 32.20.110. Prior: 1937 c 95 s 7; RRS s 3381-8b.]

Notes

Part headings not law—1999 c 153: See note following RCW 57.04.050.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 32.20.110

What does Revised Code of Washington § 32.20.110 cover?

Section 32.20.110 ("District bonds secured by taxing power.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 32.20.110?

A common citation format is "Revised Code of Washington § 32.20.110" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 32.20.110 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.