Bonds of other states.

A mutual savings bank may invest its funds in the bonds or obligations of any other state of the United States upon which there is no default.

[1955 c 13 § 32.20.060. Prior: 1937 c 95 § 2; 1929 c 74 § 5; 1921 c 156 § 11c; RRS § 3381-5.]