{"data":{"id":"us-wa/rcw-32.20.410","jurisdiction":"us-wa","citation":"RCW 32.20.410","heading":"Limitation of total investment in certain obligations.","body":"The aggregate total amount a mutual savings bank may invest in the following shall not exceed the sum of eighty-five percent of its funds and one hundred percent of its borrowings as permitted under RCW 32.08.140, as now or hereafter amended and RCW 32.08.190, as now or hereafter amended:\n(1) Mortgages upon real estate and participations therein;\n(2) Contracts for the sale of realty;\n(3) Mortgages upon leasehold estates; and\n(4) Notes secured by pledges or assignments of first mortgages or real estate contracts.\nThe limitation of this section shall not apply to GNMA certificates, mortgage backed bonds, mortgage pass-through certificates or other similar securities purchased or held by the bank.","path":["Title 32","Chapter 32.20"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=32.20.410","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T02:04:39Z","sha256":"2b221749d169771443569129be72ffb3d91eedc147794761186b52c8e31c93af","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-32.20.400","next":"us-wa/rcw-32.20.415"},"notice":"GroundRules: Original legal text. Not legal advice."}