RCW 43.163.070
Use of funds.
The authority may use any funds legally available to it for any purpose specifically authorized by this chapter, or for otherwise improving economic development in this state by assisting businesses and farm enterprises that do not have access to capital at terms and rates comparable to large corporations due to the location of the business, the size of the business, the lack of financial expertise, or other appropriate reasons: PROVIDED, That no funds of the state shall be used for such purposes.
[ 1990 c 53 § 4; 1989 c 279 § 8.]
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.163 - Economic Development Finance Authority.
43.163.005 - Purpose—Construction.
43.163.020 - Economic development finance authority created—Membership.
43.163.030 - Small businesses—Funding of export transactions.
43.163.040 - Farmers—Advance financing, agriculture conservation reserve program.
43.163.050 - Pooling of loans.
43.163.060 - Scope of authority's powers—Duties of other agencies.
43.163.080 - General operating procedures.
43.163.090 - Economic development finance objectives plan.
43.163.100 - Powers of the authority.
43.163.110 - Restrictions on authority's activity.
43.163.120 - Staffing, restrictions—Authority not to receive appropriated state funds.
43.163.130 - Nonrecourse revenue bonds—Issuance.
43.163.140 - Nonrecourse revenue bonds—Contracts—Restrictions.
43.163.150 - Nonrecourse revenue bonds—Financing documents, scope.
43.163.160 - Nonrecourse revenue bonds—Money received shall be trust funds.
43.163.170 - Nonrecourse revenue bonds—Owner and trustee, enforcement of rights.
43.163.180 - Nonrecourse revenue bonds as legal investment.
43.163.190 - Chapter as an alternative bond issuance method.
43.163.210 - Nonrecourse revenue bond financing—Economic development activities—New products.