Revised Code of Washington
Chapter 39.58 - Public Funds—Deposits and Investments—Public Depositaries.
39.58.750 - Receipt, disbursement, or transfer of public funds by wire or other electronic communication means authorized.

RCW 39.58.750
Receipt, disbursement, or transfer of public funds by wire or other electronic communication means authorized.

Notwithstanding any provision of law to the contrary, the state treasurer or any treasurer or other custodian of public funds may receive, disburse, or transfer public funds under his or her jurisdiction by means of wire or other electronic communication in accordance with accounting standards established by the state auditor under RCW 43.09.200 with regard to treasurers of municipalities or other custodians or by the office of financial management under RCW 43.88.160 in the case of the state treasurer and other state custodians to safeguard and insure accountability for the funds involved.

[ 2009 c 9 § 14; 1996 c 256 § 17; 1981 c 101 § 1; 1979 c 151 § 48; 1977 ex.s. c 15 § 1. Formerly RCW 39.58.150.]
NOTES:

Effective date—2009 c 9: See note following RCW 39.58.010.


Effective date—1977 ex.s. c 15: "The effective date of this act shall be July 1, 1977." [ 1977 ex.s. c 15 § 2.]

Structure Revised Code of Washington

Revised Code of Washington

Title 39 - Public Contracts and Indebtedness

Chapter 39.58 - Public Funds—Deposits and Investments—Public Depositaries.

39.58.010 - Definitions.

39.58.020 - Public funds—Protection against loss.

39.58.030 - Public deposit protection commission—State finance committee constitutes—Proceedings.

39.58.040 - General powers of commission.

39.58.050 - Collateral for deposits—Segregation—Eligible securities.

39.58.060 - Loss in a public depositary—Procedure for payment.

39.58.070 - Subrogation of commission to depositor's rights—Sums received from distribution of assets, payment.

39.58.080 - Deposit of public funds in public depositary required—Deposits in institutions located outside the state.

39.58.085 - Demand accounts in out-of-state and alien banks—Limitations.

39.58.090 - Authority to secure deposits in accordance with chapter—Bonds and securities for deposits dispensed with.

39.58.100 - Reports of public depositaries—Certification by director of financial institutions.

39.58.103 - Notice to commission of reduced net worth.

39.58.105 - Investigation of financial institution applying to become public depositary—Report.

39.58.108 - Requirements to become depositary.

39.58.130 - Investment deposits—Net worth of public depositary.

39.58.135 - Limitations on deposits.

39.58.140 - Liability of treasurers and state treasurer.

39.58.155 - Statewide custodian—Exemption from chapter.

39.58.200 - Public depositary pool—Uniform treatment by commission.

39.58.210 - Failure to furnish information—Failure to comply with chapter—Revocation of authority—Costs for noncompliance.

39.58.220 - Commission—Delegation of authority—Exception.

39.58.230 - Liability after merger, takeover, or acquisition.

39.58.750 - Receipt, disbursement, or transfer of public funds by wire or other electronic communication means authorized.