RCW 43.86A.020
Surplus funds held as demand deposits to be limited.
After March 19, 1973, the state treasurer shall limit surplus funds held as demand deposits to an amount necessary for current operating expenses including direct warrant redemption payments, investments and revenue collection. The state treasurer may hold such additional funds as demand deposits as he or she deems necessary to insure efficient treasury management.
[ 2009 c 549 § 5164; 1973 c 123 § 2.]
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.86A - Surplus Funds—Investment Program.
43.86A.010 - Finding—Objectives.
43.86A.020 - Surplus funds held as demand deposits to be limited.
43.86A.030 - Surplus funds investment program—Available funds—Allocation.
43.86A.040 - Other investment powers of state treasurer not limited.
43.86A.050 - Implementation of chapter by state treasurer.
43.86A.060 - Linked deposit program—Eligible entities—Interest rates—Rule-making authority.