Revised Code of Washington - RCW Title 28B Higher Education - Section 28B.30.742 Washington State University bond retirement fund -- Disposition of certain revenues from agricultural college lands

§ 28B.30.742. Washington State University bond retirement fund -- Disposition of certain revenues from agricultural college lands

Whenever federal law shall permit all moneys received from the lease or rental of lands set apart by the enabling act for an agricultural college, all interest or income arising from the proceeds of the sale of such lands or of the timber, fallen timber, stone, gravel or other valuable material thereon, except for investment income derived pursuant to RCW 43.84.080 and, less the allocation to the state investment board expense account pursuant to RCW 43.33A.160; and all moneys received as interest on deferred payments on contracts for the sale of such lands shall be deposited in the Washington State University bond retirement fund to be expended for the purposes set forth in RCW 28B.30.740.

[1991 sp.s. c 13 § 77; 1969 ex.s. c 223 § 28B.30.742. Prior: 1965 c 77 § 2. Formerly RCW 28.80.542.]

Notes:
     Effective dates -- Severability -- 1991 sp.s. c 13: See notes following RCW 18.08.240.

Chapter not to repeal, override, or limit other statutes or actions: RCW 28B.31.100. Sections:  Previous  28B.30.644  28B.30.700  28B.30.710  28B.30.720  28B.30.730  28B.30.740  28B.30.741  28B.30.742  28B.30.750  28B.30.760  28B.30.770  28B.30.780  28B.30.800  28B.30.810  28B.30.900  Next

Last modified: April 7, 2009