§ 39.60.010 Investment of trust funds authorized
§ 39.60.020 Exchange of securities for federal agency bonds
§ 39.60.030 Obligations eligible as collateral security
§ 39.60.040 Insured shares, deposits or accounts as collateral — Partially guaranteed obligations
§ 39.60.050 Investment of trust funds in notes, bonds, or debentures authorized — Requirements
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Terms Used In Washington Code > Chapter 39.60 - Investment of funds in bonds, notes, etc. -- Collateral

  • 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.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.