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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The Washington saves administrative treasury trust account is created in the custody of the state treasurer.
(2) Expenditures from the account may be used only for the purposes of administrative and operating expenses of the program established under this chapter.
(3) Only the director of the administrative agency or the director's designee may authorize expenditures from the account. The account is exempt from appropriation and allotment provisions under chapter 43.88 RCW.
(4) The account may receive grants, gifts, or other moneys appropriated for administrative purposes from the state and the federal government.
(5) Any interest incurred by the account will be retained within the account.
Cite this article: FindLaw.com - Washington Revised Code Title 19. Business Regulations--Miscellaneous § 19.05.110. Administrative treasury trust account - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-19-business-regulationsmiscellaneous/wa-rev-code-19-05-110/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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