RCW 42.52.190
Investments.
(1) Except for permissible investments as defined in this section, no state officer or state employee of any agency responsible for the investment of funds, who acts in a decision-making, advisory, or policy-influencing capacity with respect to investments, may have a direct or indirect interest in any property, security, equity, or debt instrument of a person, without prior written approval of the agency.
(2) Agencies responsible for the investment of funds shall adopt policies governing approval of investments and establishing criteria to be considered in the approval process. Criteria shall include the relationship between the proposed investment and investments held or under consideration by the state, the size and timing of the proposed investment, access by the state officer or state employee to nonpublic information relative to the proposed investment, and the availability of the investment in the public market. Agencies responsible for the investment of funds also shall adopt policies consistent with this chapter governing use by their officers and employees of financial information acquired by virtue of their state positions. A violation of such policies adopted to implement this subsection shall constitute a violation of this chapter.
(3) As used in this section, "permissible investments" means any mutual fund, deposit account, certificate of deposit, or money market fund maintained with a bank, broker, or other financial institution, a security publicly traded in an organized market if the interest in the security at acquisition is ten thousand dollars or less, or an interest in real estate, except if the real estate interest is in or with a party in whom the agency holds an investment.
[ 1994 c 154 § 119.]
Structure Revised Code of Washington
Title 42 - Public Officers and Agencies
Chapter 42.52 - Ethics in Public Service.
42.52.020 - Activities incompatible with public duties.
42.52.030 - Financial interests in transactions.
42.52.040 - Assisting in transactions.
42.52.050 - Confidential information—Improperly concealed records.
42.52.060 - Testimony of state officers and state employees.
42.52.070 - Special privileges and exemptions—Application of section to legislature.
42.52.080 - Employment after public service.
42.52.090 - Limited assistance by former state officers and employees.
42.52.110 - Compensation for official duties or nonperformance.
42.52.120 - Compensation for outside activities.
42.52.150 - Limitations on gifts.
42.52.160 - Use of persons, money, or property for private gain.
42.52.170 - Giving, paying, loaning, etc., any thing of economic value to state employee.
42.52.180 - Use of public resources for political campaigns.
42.52.185 - Restrictions on mailings by legislators.
42.52.310 - Legislative ethics board.
42.52.320 - Authority of legislative ethics board.
42.52.340 - Transfer of jurisdiction.
42.52.350 - Executive ethics board.
42.52.360 - Authority of executive ethics board.
42.52.365 - Executive branch agencies—Ethics advisors—Ethics training.
42.52.370 - Authority of commission on judicial conduct.
42.52.380 - Political activities of board members.
42.52.390 - Hearing and subpoena authority.
42.52.400 - Enforcement of subpoena authority.
42.52.410 - Filing complaint—Whistleblower protection—Penalty for reprisal or retaliation.
42.52.425 - Dismissal of complaint.
42.52.430 - Public hearing—Findings.
42.52.450 - Complaint against legislator or statewide elected official.
42.52.470 - Referral for enforcement.
42.52.490 - Action by attorney general.
42.52.500 - Optional hearings by administrative law judge.
42.52.510 - Rescission of state action.
42.52.520 - Disciplinary action.
42.52.530 - Additional investigative authority.
42.52.540 - Limitations period.
42.52.550 - Compensation of ethics boards.
42.52.575 - Information about scholarship opportunities.
42.52.801 - Exemption—Solicitation to promote tourism.
42.52.8021 - Exemption—Solicitation for Washington state flag account.
42.52.8022 - Exemption—Informational or educational meetings regarding legislative issues.
42.52.8023 - Exemption—Gina Grant Bull memorial legislative page scholarship account.
42.52.8024 - Exemption—Rosa Franklin legislative internship program scholarship.
42.52.803 - Exemption—Solicitation for legislative oral history account.
42.52.804 - Exemption—Health profession board or commission—Professional opinions.
42.52.810 - Solicitation for the legislative international trade account—Report.
42.52.820 - Solicitation for hosting national legislative association conference.
42.52.821 - Exemption—Solicitation to host conference of a national association.
42.52.900 - Legislative declaration.
42.52.901 - Liberal construction.
42.52.903 - Serving on board, committee, or commission not prevented.
42.52.904 - Effective date—1994 c 154.
42.52.906 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.