RCW 43.33A.160
Funding of board—State investment board expense account.
(1) The state investment board shall be funded from the earnings of the funds managed by the state investment board, proportional to the value of the assets of each fund, subject to legislative appropriation.
(2) There is established in the state treasury a state investment board expense account from which shall be paid the operating expenses of the state investment board. Prior to November 1 of each even-numbered year, the state investment board shall determine and certify to the state treasurer and the office of financial management the value of the various funds managed by the investment board in order to determine the proportional liability of the funds for the operating expenses of the state investment board. Pursuant to appropriation, the state treasurer is authorized to transfer such moneys from the various funds managed by the investment board to the state investment board expense account as are necessary to pay the operating expenses of the investment board.
[ 1991 sp.s. c 13 § 32; 1985 c 57 § 32; 1982 c 10 § 10. Prior: 1981 c 242 § 1; 1981 c 219 § 5; 1981 c 3 § 16.]
NOTES:
Effective dates—Severability—1991 sp.s. c 13: See notes following RCW 18.08.240.
Effective date—1985 c 57: See note following RCW 18.04.105.
Severability—1982 c 10: See note following RCW 6.13.080.
Effective dates—1981 c 242: See note following RCW 43.79.330.
Effective dates—1981 c 219: See note following RCW 43.33A.020.
Effective dates—Severability—1981 c 3: See notes following RCW 43.33A.010.
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.33A - State Investment Board.
43.33A.010 - General powers and duties.
43.33A.020 - Board created—Membership—Terms—Vacancies—Removal.
43.33A.025 - Criminal history record checks for board staff finalist candidates.
43.33A.030 - Trusteeship of funds—Contracts—Delegation of powers and duties.
43.33A.035 - Delegation of authority—Investments or investment properties.
43.33A.040 - Quorum—Meetings—Chairperson—Vice chairperson.
43.33A.050 - Compensation of members—Travel expenses.
43.33A.060 - Employment restrictions.
43.33A.070 - Liability of members.
43.33A.110 - Rules and regulations—Investment policies and procedures.
43.33A.120 - Examination of accounts, files, and other records.
43.33A.130 - Securities—State treasurer may cause same to be registered in the name of the nominee.
43.33A.135 - Investment policy—Investment options.
43.33A.140 - Investments—Standard of investment and management.
43.33A.150 - Reports of investment activities.
43.33A.160 - Funding of board—State investment board expense account.
43.33A.170 - Commingled trust funds—Participation of funds in investments of board.
43.33A.180 - Investment accounting—Transfer of functions and duties from state treasurer's office.
43.33A.190 - Self-directed investment—Board's duties (as amended by 2016 c 39).
43.33A.200 - Creation of entities for investment purposes—Liability—Tax status.