Wash. Admin. Code § 390-05-510

Current through Register Vol. 24-12, June 15, 2024
Section 390-05-510 - Definition-General treasury funds

"General treasury funds," as used in the act and in these rules, means a collective designation of all of the assets of an organization which furnish the means for defraying the necessary, usual, ordinary running and incidental expenses of an organization. General treasury funds are typically not derived from a special solicitation, effort, or receipt, but derive from regular, planned for, and ongoing revenue streams or sources.

Wash. Admin. Code § 390-05-510

Amended by WSR 18-24-074, Filed 11/30/2018, effective 12/31/2018

Statutory Authority: RCW 42.17.370 and 42.17.562. 06-11-132, § 390-05-510, filed 5/23/06, effective 6/23/06.