Washington § 35.39.030 - Excess or inactive funds — Investment.

Full text of Washington Revised Code of Washington § 35.39.030 — Excess or inactive funds — Investment., with citation guidance and answers to common questions.

§ 35.39.030. Excess or inactive funds — Investment.

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 bonds or warrants of its own or of any other city or town in the state;
(5) Its own bonds or warrants of a local improvement district which are within the protection of the local improvement guaranty fund law; and
(6) In any other investments authorized by law for any other taxing districts.
[ 1975 1st ex.s. c 11 s 1; 1969 ex.s. c 33 s 1; 1965 ex.s. c 46 s 1; 1965 c 7 s 35.39.030. Prior: 1943 c 92 s 1; Rem. Supp. 1943 s 5646-13.]

Notes

Effective date—1969 ex.s. c 33: "This 1969 amendatory act is necessary for the immediate preservation of the public peace, health and safety, the support of the state government and its existing political subdivisions; and shall take effect July 1, 1969." [ 1969 ex.s. c 33 s 4.] This applies to RCW 35.39.030 through 35.39.034.
Construction—1965 c 7: See RCW 35.39.050.

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

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Frequently Asked Questions About Washington § 35.39.030

What does Revised Code of Washington § 35.39.030 cover?

Section 35.39.030 ("Excess or inactive funds — Investment.") 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 § 35.39.030?

A common citation format is "Revised Code of Washington § 35.39.030" (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 § 35.39.030 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.