Revised Code of Washington - RCW Title 39 Public Contracts And Indebtedness - Section 39.86.150 Reallocation process and carryforwards

§ 39.86.150. Reallocation process and carryforwards

(1) Beginning September 1 of each calendar year, the agency may allocate or reallocate any portions of the state ceiling for which no certificate of approval is in effect. Reallocations may also be made from the remainder category at any time during the year.

(2) Prior to the end of each calendar year, the agency shall allocate or reallocate any unused portions of the state ceiling among one or more issuers as carryforward, to be used within three years, in accordance with the code and relevant criteria described in RCW 39.86.130.

[1987 c 297 § 6.]

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Last modified: April 7, 2009