Revised Code of Washington - RCW Title 22 Warehousing And Deposits - Section 22.09.426 Grain indemnity fund program -- Annual assessments -- Limitations

§ 22.09.426. Grain indemnity fund program -- Annual assessments -- Limitations

The assessments imposed pursuant to RCW 22.09.416 shall be imposed annually, under rules promulgated by the department, until such time as the grain indemnity fund balance, less any outstanding claims, reaches three million dollars. For any year in which the grain indemnity fund balance, less any outstanding claims, exceeds three million dollars on the annual assessment date, no assessment shall be imposed by the department, except as provided in RCW 22.09.421(3) or 22.09.431.

[1987 c 509 § 11.]

Notes:
     Severability -- 1987 c 509: See note following RCW 22.09.060.

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Last modified: April 7, 2009