RCW 68.44.020
Use and care of funds.
Endowment care funds shall not be used for any purpose other than to provide, through income only, for the endowment care stipulated in the instrument by which the fund was established. Endowment care funds shall be kept separate and distinct from all assets of the cemetery authority. Endowment care principal shall remain inviolable and may not be reduced in any way not found within RCW 11.100.020.
[ 2005 c 365 § 114; 1987 c 331 § 42; 1953 c 290 § 12. Prior: (i) 1943 c 247 § 106; Rem. Supp. 1943 § 3778-106. (ii) 1943 c 247 § 126; Rem. Supp. 1943 § 3778-126.]
Structure Revised Code of Washington
Title 68 - Cemeteries, Morgues, and Human Remains
Chapter 68.44 - Endowment Care Fund.
68.44.010 - Funds authorized—Investments.
68.44.020 - Use and care of funds.
68.44.030 - Authorized investments.
68.44.060 - Unauthorized loans—Penalty.
68.44.070 - Use of contributions to funds.
68.44.080 - Plans for care—Financing.
68.44.090 - Covenant to care for cemetery.
68.44.100 - Agreement by owner to care for plot.
68.44.115 - Trustee to file statement with board—Resignation of trusteeship.
68.44.120 - Directors as trustees—Secretary.
68.44.130 - Bank or trust company as trustee.
68.44.140 - Compensation of trustees.
68.44.170 - Use of income from fund.