Statutes, codes, and regulations
Washington Administrative Code
Title 365 - Commerce, Department of (Community Development)Chapter 365-220 - Developmental disabilities endowment trust fund
MATCHING MONEY AND EARNINGS
Section 365-220-180 - In what proportion are state matching funds spent?

Wash. Admin. Code § 365-220-180

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Current through Register Vol. 24-23, December 1, 2024
Section 365-220-180 - In what proportion are state matching funds spent?

State matching money will only be disbursed from an individual trust account after that individual trust account has vested. For every disbursement made from an individual trust account that has vested, the amount of state matching money disbursed will be equal to the percentage of the overall balance of the individual trust account which is represented by the state matching money (plus the earnings on the state matching money) multiplied by the amount of the disbursement.

Wash. Admin. Code § 365-220-180

Amended by WSR 19-07-034, Filed 3/13/2019, effective 4/13/2019

Statutory Authority: RCW 43.330.240. 02-07-026, § 365-220-180, filed 3/12/02, effective 4/12/02.