Washington § 2.14.080 - Duties of administrator — Investments and earnings.

Full text of Washington Revised Code of Washington § 2.14.080 — Duties of administrator — Investments and earnings., with citation guidance and answers to common questions.

§ 2.14.080. Duties of administrator — Investments and earnings.

(1) The administrator for the courts shall:
(a) Deposit or invest the contributions under RCW 2.14.090 in a credit union, savings and loan association, bank, or mutual savings bank;
(b) Purchase life insurance, shares of an investment company, or fixed and/or variable annuity contracts from any insurance company or investment company licensed to contract business in this state; or
(c) Invest in any of the class of investments described in RCW 43.84.150.
(2) The state investment board or the department of retirement systems, at the request of the administrator for the courts, may invest moneys in the principal account. Moneys invested by the investment board shall be invested in accordance with RCW 43.84.150. Moneys invested by the department of retirement systems shall be invested in accordance with applicable law. Except as provided in RCW 43.33A.160 or as necessary to pay a pro rata share of expenses incurred by the department of retirement systems, one hundred percent of all earnings from these investments, exclusive of investment income pursuant to RCW 43.84.080, shall accrue directly to the principal account.
[ 1996 c 39 s 20; 1991 sp.s. c 13 s 103; 1989 c 139 s 3; 1988 c 109 s 19.]

Notes

Effective dates—1996 c 39: See note following RCW 41.32.010.
Effective dates—1991 sp.s. c 13: See notes following RCW 18.04.105.
Effective date—1988 c 109: See note following RCW 2.10.030.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 2.14.080

What does Revised Code of Washington § 2.14.080 cover?

Section 2.14.080 ("Duties of administrator — Investments and earnings.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 2.14.080?

A common citation format is "Revised Code of Washington § 2.14.080" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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