RCW 36.78.135
County road administration board emergency loan account.
(1) The county road administration board emergency loan account is created in the custody of the state treasurer. The account consists of: (a) All receipts from loan repayments and (b) any other revenues derived from transfers, gifts, grants, or bequests to the board for emergency projects. Expenditures from the account may be used only for emergency loans to certain counties in accordance with RCW 36.78.130 and the related administrative costs. Only the board or its designee may authorize expenditures from the account. The account is subject to allotment procedures under chapter 43.88 RCW, but an appropriation is not required for expenditures.
(2) The state treasurer may invest and reinvest moneys in the county road administration board emergency loan account in the manner provided by law. All earnings from such investment and reinvestment must be credited to the account.
[ 2019 c 157 § 3.]
NOTES:
Finding—Intent—2019 c 157: See note following RCW 36.78.130.
Structure Revised Code of Washington
Chapter 36.78 - Roads and Bridges—County Road Administration Board.
36.78.010 - Definitions—"Board."
36.78.020 - Definitions—"Standards of good practice."
36.78.030 - Board created—Number—Appointment—Terms—Vacancies.
36.78.040 - Composition of board—Qualifications of members.
36.78.050 - Meetings—Rules and regulations—Election of chair.
36.78.060 - Executive director.
36.78.080 - Members to serve without compensation—Reimbursement for travel expenses.
36.78.090 - Certificates of good practice—Withholding of motor vehicle tax distribution.
36.78.100 - Conditional certificates.
36.78.110 - Expenses to be paid from motor vehicle fund—Disbursement procedure.
36.78.130 - Emergency revolving loan program—Authority—Procedure—Report to the legislature.
36.78.135 - County road administration board emergency loan account.