§ 36.29.024. Investment expenses
The county treasurer may deduct the amounts necessary to reimburse the treasurer's office for the actual expenses the office incurs and to repay any county funds appropriated and expended for the initial administrative costs of establishing a county investment pool provided in RCW 36.29.022. These funds shall be used by the county treasurer as a revolving fund to defray the cost of administering the pool without regard to budget limitations. Any credits or payments to political subdivisions shall be calculated and made in a manner which equitably reflects the differing amounts of the political subdivision's respective deposits in the county investment pool and the differing periods of time for which the amounts were placed in the county investment pool.
[2004 c 79 § 3; 1988 c 281 § 5.]
Notes:
Severability -- 1988 c 281: See RCW 39.59.900.
Sections: Previous 36.29.010 36.29.020 36.29.022 36.29.024 36.29.025 36.29.040 36.29.050 36.29.060 36.29.090 36.29.100 36.29.110 36.29.120 36.29.130 36.29.160 36.29.170 Next
Last modified: April 7, 2009