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Home » US Law » 2022 Revised Code of Washington » Title 43 - State Government—Executive » Chapters » Chapter 43.250 - Investment of Local Government Funds—Separately Managed Accounts.

43.250.010 – Purpose.

RCW 43.250.010 Purpose. The purpose of this chapter is to enable eligible governmental entities, including community and technical college districts, the state board for community and technical colleges as established in chapter 28B.50 RCW, public four-year institutions of higher education, qualifying federally recognized tribes or federally recognized political subdivisions thereof, and other governmental entities to […]

43.250.020 – Definitions.

RCW 43.250.020 Definitions. Unless the context clearly requires otherwise, the definitions in this section shall apply throughout this chapter. (1) “Authorized tribal official” means any officer or employee of a qualifying federally recognized tribe who has been expressly designated by tribal constitution, ordinance, or resolution as the officer having the authority to invest the funds […]

43.250.030 – Public funds investment account.

RCW 43.250.030 Public funds investment account. There is created a trust fund to be known as the public funds investment account. The account is to be separately accounted for and invested by the state treasurer. All moneys remitted for pooled investment under this chapter shall be deposited in this account. All earnings on any balances […]

43.250.040 – Investment pool—Investment of funds by state treasurer—Degree of judgment and care required.

RCW 43.250.040 Investment pool—Investment of funds by state treasurer—Degree of judgment and care required. If authorized by statute, local ordinance, resolution, or other appropriate official action, the state treasurer, a government finance official or financial officer or his or her designee, or authorized tribal official, may place funds into the public funds investment account for […]

43.250.050 – Investment pool—Employment of personnel.

RCW 43.250.050 Investment pool—Employment of personnel. The state treasurer’s office is authorized to employ such personnel as are necessary to administer the public funds investment account. The bond of the state treasurer as required by law shall be made to include the faithful performance of all functions relating to the investment pool. [ 1986 c […]

43.250.060 – Investment pool—Generally.

RCW 43.250.060 Investment pool—Generally. The state treasurer shall by rule prescribe the time periods for investments in the investment pool and the procedure for withdrawal of funds from the investment pool. The state treasurer shall promulgate such other rules as are deemed necessary for the efficient operation of the investment pool. The rules shall also […]

43.250.070 – Investment pool—Separate accounts for participants—Monthly status report.

RCW 43.250.070 Investment pool—Separate accounts for participants—Monthly status report. The state treasurer shall keep a separate account for each participant having funds in the investment pool. Each separate account shall record the individual amounts deposited in the investment pool, the date of withdrawals, and the earnings credited or paid. The state treasurer shall report monthly […]

43.250.080 – Investment pool—Annual summary of activity.

RCW 43.250.080 Investment pool—Annual summary of activity. At the end of each fiscal year, the state treasurer shall submit to the governor, the state auditor, and the joint legislative audit and review committee a summary of the activity of the investment pool. The summary shall indicate the quantity of funds deposited; the earnings of the […]

43.250.150 – Separately managed public funds investment account.

RCW 43.250.150 Separately managed public funds investment account. There is created a trust fund to be known as the separately managed public funds investment account. The account is to be separately accounted for and invested by the state treasurer. All moneys remitted for investment in separate portfolios under this chapter, except those remitted by state […]

43.250.160 – Separately managed state agency investment account.

RCW 43.250.160 Separately managed state agency investment account. There is created a trust fund to be known as the separately managed state agency investment account. The account is to be separately accounted for and invested by the state treasurer. All moneys remitted by state agencies for investment in separate portfolios under this chapter shall be […]

43.250.170 – Separately managed state treasurer’s service account.

RCW 43.250.170 Separately managed state treasurer’s service account. A separately managed state treasurer’s service account is created in the custody of the state treasurer. The account is not subject to appropriation or allotment procedures. All moneys received from separately managed accounts for payment to the office of the state treasurer must be deposited into the […]

43.250.180 – Separately managed accounts—Agreements—Rule making.

RCW 43.250.180 Separately managed accounts—Agreements—Rule making. If the office of the state treasurer enters into an agreement with an eligible governmental entity for a separately managed account, the agreement must provide for service charges at rates to allow for operation of the program at no cost to the state and for accumulation of reserves the […]

43.250.190 – Separately managed accounts—Investment of funds by state treasurer—Degree of judgment and care required.

RCW 43.250.190 Separately managed accounts—Investment of funds by state treasurer—Degree of judgment and care required. Funds placed in separately managed accounts pursuant to agreements between the office of the state treasurer and eligible governmental entities shall be invested and reinvested by the state treasurer so as to effectively maximize the yield to the separately managed […]

43.250.200 – Separately managed accounts—Employment of personnel.

RCW 43.250.200 Separately managed accounts—Employment of personnel. The state treasurer’s office is authorized to employ such personnel as are necessary to administer the separately managed accounts. The bond of the state treasurer as required by law shall be made to include the faithful performance of all functions relating to the separately managed accounts. [ 2019 […]