RCW 15.115.290
Investment of funds of the commission.
(1) Any funds of the commission may be invested in savings or time deposits in banks, trust companies, and mutual savings banks that are doing business in the United States, up to the amount of insurance afforded those accounts by the federal deposit insurance corporation.
(2) This section applies to all funds which may be lawfully so invested, which in the judgment of the commission are not required for immediate expenditure. The authority granted by this section is not exclusive and is cumulative and in addition to other authority provided by law for the investment of the funds including, but not limited to, authority granted under chapters 39.58, 39.59, and 43.84 RCW.
[ 2009 c 33 § 30.]
Structure Revised Code of Washington
Title 15 - Agriculture and Marketing
Chapter 15.115 - Washington Grain Commission.
15.115.010 - Legislative declaration.
15.115.020 - Regulations and restraints applicable to the wheat and barley industries.
15.115.040 - Washington grain commission—Created—Members—Term of office.
15.115.050 - Initial appointments to the Washington grain commission—Expiration of interim terms.
15.115.070 - Industry representative member of the commission—Appointment.
15.115.080 - Vacancy on the commission.
15.115.090 - Removal of a commission member.
15.115.100 - Membership in associations with similar objectives—Contracting with such associations.
15.115.110 - Meetings—Proposed budget—Notice—Voting requirements.
15.115.120 - Quorum requirements—Compensation—Travel expenses.
15.115.130 - Transfer of powers, duties, assets, etc., to the Washington grain commission.
15.115.140 - Powers and duties.
15.115.150 - Director's duties.
15.115.160 - Rule-making proceedings.
15.115.170 - Liquor produced from wheat or barley.
15.115.180 - Promotional printing and literature—Contracts.
15.115.190 - Handling, accounting, and disbursement of moneys.
15.115.200 - Bond requirements.
15.115.210 - Limitation of liability.
15.115.230 - Application of RCW 42.56.380—Use of commercial information and records.
15.115.240 - Commission shall reimburse department for certain costs—Funding of staff support.
15.115.250 - Preparation of lists of producers and handlers of wheat and barley.
15.115.270 - Collection of assessment—Failure to pay assessment—Civil action—Venue.
15.115.280 - Use of moneys received by the commission under this chapter.
15.115.290 - Investment of funds of the commission.
15.115.310 - Penalties—Injunctions—Referring a violation to the county prosecutor—Jurisdiction.