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Code · Washington · Title 43 — State Government—Executive · Chapter 43.86A

RCW 43.86A.010

96 words·~1 min read·/wa/title-43/chapter-43-86a/43-86a-010·

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The legislature finds that a procedure should be established for the management of short term treasury surplus funds by the state treasurer in order to insure a maximum return while they are on deposit in public depositaries. The objectives of this procedure are to minimize noninterest earning demand deposits and provide fair compensation to financial institutions for services rendered to the state through the investment of state funds in time deposits.
[ 1983 c 66 s 20 ; 1973 c 123 s 1 .]
Notes:
Severability — 1983 c 66: See note following RCW 39.58.010 .
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