Washington Code > Chapter 39.59 – Public funds — Authorized investments
Current as of: 2023 | Check for updates
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Other versions
| § 39.59.010 | Definitions |
| § 39.59.020 | Authorized investments — Local government authority |
| § 39.59.040 | Authorized investments — Bonds, warrants, certificates, and other investments |
Terms Used In Washington Code > Chapter 39.59 - Public funds -- Authorized investments
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.