RCW 43.330.432
Developmental disabilities endowment—Authority of state investment board—Authority of governing board.
(1) The state investment board has the full power to invest, reinvest, manage, contract, sell, or exchange investment money in the developmental disabilities endowment trust fund. All investment and operating costs associated with the investment of money shall be paid under RCW 43.33A.160 and 43.84.160. With the exception of these expenses, the earnings from the investment of the money shall be retained by the fund.
(2) All investments made by the state investment board shall be made with the exercise of that degree of judgment and care under RCW 43.33A.140 and the investment policy established by the state investment board.
(3) As deemed appropriate by the investment board, money in the fund may be commingled for investment with other funds subject to investment by the board.
(4) The authority to establish all policies relating to the fund, other than the investment policies as set forth in subsections (1) through (3) of this section, resides with the governing board acting in accordance with the principles set forth in *RCW 43.330.220. With the exception of expenses of the state treasurer in *RCW 43.330.200 and the investment board set forth in subsection (1) of this section, disbursements from the fund shall be made only on the authorization of the governing board or the board's designee, and money in the fund may be spent only for the purposes of the developmental disabilities endowment program as specified in this chapter.
(5) The investment board shall routinely consult and communicate with the governing board on the investment policy, earnings of the trust, and related needs of the program.
[ 2000 c 120 § 4. Formerly RCW 43.70.732, 43.330.205.]
NOTES:
*Reviser's note: RCW 43.330.220 and 43.330.200 were recodified as RCW 43.70.734 and 43.70.731, respectively, pursuant to 2010 c 271 § 203. RCW 43.70.734 and 43.70.731 were subsequently recodified as RCW 43.330.434 and 43.330.431, respectively, pursuant to 2012 c 197 § 4.
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.330 - Department of Commerce.
43.330.007 - Management responsibility.
43.330.020 - Department created.
43.330.030 - Director—Appointment—Salary.
43.330.040 - Director powers and duties.
43.330.050 - Community and economic development responsibilities.
43.330.060 - Trade and business responsibilities.
43.330.065 - Identification of countries of strategic importance for international trade relations.
43.330.068 - International companies investing in Washington—Eligibility for excise tax incentives.
43.330.070 - Local development capacity—Training and technical assistance.
43.330.075 - Local government regulation and policy handouts—Technical assistance.
43.330.084 - Washington state quality award—Reimbursement of application fee.
43.330.086 - Contracts with associate development organizations—Schedule of awards.
43.330.094 - Tourism development and promotion account—Promotion of tourism industry.
43.330.100 - Local infrastructure and public facilities—Grants and loans.
43.330.110 - Housing—Energy assistance.
43.330.120 - Growth management.
43.330.125 - Assistance to counties and cities.
43.330.135 - Court-appointed special advocate programs—Funds—Eligibility.
43.330.150 - Fees—Conferences, workshops, training.
43.330.152 - Fees—Service and product delivery areas.
43.330.155 - Community and economic development fee account.
43.330.156 - Fees—Adoption by rule.
43.330.167 - Washington youth and families fund.
43.330.170 - Statewide housing market analysis.
43.330.181 - Office of apple health and homes—Responsibilities.
43.330.184 - Apple health and homes account.
43.330.187 - Rapid permanent supportive housing acquisition and development program.
43.330.190 - Reimbursement of extraordinary criminal justice costs.
43.330.270 - Innovation partnership zone program.
43.330.300 - Financial fraud and identity theft crimes investigation and prosecution program.
43.330.310 - Comprehensive green economy jobs growth initiative—Establishment.
43.330.330 - Funding energy efficiency improvements—Risk reduction mechanisms—Legislative intent.
43.330.340 - Appliance efficiency rebate program.
43.330.360 - Findings—Involvement of state bond authorities in financing energy efficiency projects.
43.330.365 - Electric vehicle incentive account.
43.330.370 - Evergreen jobs initiative.
43.330.409 - Broadband mapping, deployment, and adoption—Reports.
43.330.412 - Community technology opportunity program—Administration—Grant program.
43.330.421 - Advisory group on digital inclusion and technology planning.
43.330.425 - Advisory committee on permanent supportive housing.
43.330.430 - Developmental disabilities endowment—Definitions.
43.330.431 - Developmental disabilities endowment—Trust fund.
43.330.434 - Developmental disabilities endowment—Endowment principles.
43.330.435 - Developmental disabilities endowment—Development of operating plan—Elements.
43.330.436 - Developmental disabilities endowment—Program implementation and administration.
43.330.437 - Developmental disabilities endowment—Rules.
43.330.440 - Multijurisdictional regulatory streamlining projects—Establishment—Reports.
43.330.460 - Washington achieving a better life experience program—Definitions.
43.330.462 - Washington achieving a better life experience program account.
43.330.468 - Washington achieving a better life experience program—Governing board authority.
43.330.480 - Low-income home rehabilitation revolving loan program—Definitions.
43.330.482 - Low-income home rehabilitation revolving loan program.
43.330.488 - Low-income home rehabilitation revolving loan program—Account.
43.330.500 - Life sciences discovery fund.
43.330.502 - Life sciences discovery fund—Grants and contracts by department.
43.330.504 - Life sciences discovery fund—Department powers.
43.330.506 - Life sciences discovery fund—Limitation of liability.
43.330.510 - Keep Washington working statewide work group.
43.330.520 - Military installation incompatible development—Project list—Report.
43.330.530 - Broadband office—Definitions.
43.330.532 - Broadband office—Established—Purpose.
43.330.534 - Broadband office—Powers and duties.
43.330.536 - Broadband office—Goals.
43.330.538 - Broadband office—Reports.
43.330.539 - Broadband office—Digital equity plan.
43.330.5393 - Digital equity planning grant program.
43.330.5395 - Digital equity forum.
43.330.540 - Cannabis social equity technical assistance grant program.
43.330.542 - Environmental justice obligations of the department of commerce.
43.330.545 - Community engagement grants—Law enforcement.
43.330.550 - Employer-supported child care—Technical assistance.
43.330.560 - Office of renewable fuels—Definitions.
43.330.565 - Office of renewable fuels—Established.
43.330.570 - Office of renewable fuels—Duties.
43.330.575 - Renewable fuels accelerator account.
43.330.700 - Findings—Homeless youth.
43.330.702 - Homeless youth—Definitions.
43.330.705 - Homeless youth—Office of homeless youth prevention and protection programs.
43.330.706 - Homeless youth—Data and outcomes measures—Report.
43.330.715 - Homeless youth—Training program.
43.330.717 - Homeless youth—Review of state-funded programs.
43.330.723 - Youth and young adults exiting publicly funded system of care—Flexible funding.
43.330.725 - Youth and young adults exiting publicly funded system of care—System of care grants.
43.330.730 - Finding—2015 c 296.
43.330.735 - Washington small business retirement marketplace.
43.330.740 - Payment of marketplace expenses—Use of private and federal funding.
43.330.745 - Incentive payments.
43.330.750 - Rules—Rule development process.
43.330.760 - Intent—2021 c 64.
43.330.762 - Manufacturing—Goals and strategies—Reports—Manufacturing council.
43.330.765 - Manufacturing—Regional strategies—Grants.
43.330.767 - Manufacturing cluster acceleration account.
43.330.770 - Manufacturing—Workforce innovation sector lead—Reports.
43.330.772 - Subject to appropriation.
43.330.900 - References to director and department.
43.330.902 - Effective date—1993 c 280.
43.330.9021 - Effective date—1994 c 5.