Wash. Rev. Code § 43.330.595

Current through 2024

Section 43.330.595 - Employee ownership revolving loan program account

The employee ownership revolving loan program account is created in the custody of the state treasury. All transfers and appropriations by the legislature, repayments of loans, private contributions, and all other sources must be deposited into the account. Expenditures from the account may be used only for the purposes of the Washington employee ownership program created in RCW 43.330.590. Only the director or the director's designee may authorize expenditures from the account. The account is subject to allotment procedures under chapter 43.88 RCW, but an appropriation is not required for expenditures.

RCW 43.330.595

Added by 2023 c 392,§ 6, eff. 7/23/2023.

Findings-Intent-Short title- 2023 c 392: See notes following RCW 43.330.590.