Revised Code of Washington - RCW Title 43 State Government -- Executive - Chapter 43.250 Investment Of Local Government Funds
- 43.250.010 Purpose
The purpose of this chapter is to enable political subdivisions, community and technical college districts, the state board for community and technical colleges as established ...
- 43.250.020 Definitions
Unless the context clearly requires otherwise, the definitions in this section shall apply throughout this chapter. (1) "Public funds investment account" or "investment pool" means ...
- 43.250.030 Public funds investment account
There is created a trust fund to be known as the public funds investment account. The account is to be separately accounted for and invested ...
- 43.250.040 Authority of official to place funds in the public funds investment account -- Investment of funds by state treasurer -- Degree of judgment and care required
If authorized by statute, local ordinance, or resolution, a local government official or financial officer or his or her designee may place funds into the ...
- 43.250.050 Employment of personnel
The state treasurer's office is authorized to employ such personnel as are necessary to administer the public funds investment account. The bond of the state ...
- 43.250.060 Investment pool -- Generally
The state treasurer shall by rule prescribe the time periods for investments in the investment pool and the procedure for withdrawal of funds from the ...
- 43.250.070 Investment pool -- Separate accounts for participants -- Monthly status report
The state treasurer shall keep a separate account for each participant having funds in the investment pool. Each separate account shall record the individual amounts ...
- 43.250.080 Annual summary of activity
At the end of each fiscal year, the state treasurer shall submit to the governor, the state auditor, and the joint legislative audit and review ...
- 43.250.090 Administration of chapter -- Rules
The state finance committee shall administer this chapter and adopt appropriate rules.[1986 c 294 § 9.] ...
Last modified: April 7, 2009