§ 43.350.070. Life sciences discovery fund
The life sciences discovery fund is created in the custody of the state treasurer. Only the board or the board's designee may authorize expenditures from the fund. Expenditures from the fund may be made only for purposes of this chapter. Administrative expenses of the authority, including staff support, may be paid only from the fund. Revenues to the fund consist of transfers made by the legislature from strategic contribution payments deposited in the tobacco settlement account under RCW 43.79.480, moneys received pursuant to contribution agreements entered into pursuant to RCW 43.350.030, moneys received from gifts, grants, and bequests, and interest earned on the fund.
[2005 c 424 § 8.]
Sections: Previous 43.350.005 43.350.010 43.350.020 43.350.030 43.350.040 43.350.050 43.350.060 43.350.070 43.350.900 43.350.901 43.350.902 43.350.903 NextLast modified: April 7, 2009