WAC 365-220-105: Are there any guarantees related to the availability of matching money or earnings on investments?

Link to law: http://apps.leg.wa.gov/wac/default.aspx?cite=365-220-105
Published: 2015

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WACs > Title 365 > Chapter 365-220 > Section 365-220-105











365-220-100    

365-220-110







No agency filings affecting this section since 2003







WAC 365-220-105









Are there any guarantees related to the availability of matching money or earnings on investments?









No. There is no guarantee that any individual trust account will receive matching money from the state of Washington or from any other source. The availability and extent of the state match is dependent on the availability of matching money in the trust fund. The governing board has the exclusive discretion to determine availability.
The state of Washington, the state investment board, and the governing board make no guarantee related to the return on investments of money placed in the individual trust accounts or in the trust fund.
[Statutory Authority: RCW 43.330.240. WSR 02-07-026, § 365-220-105, filed 3/12/02, effective 4/12/02.]