Washington § 41.28.085 - Legislative intent — Investments.

Full text of Washington Revised Code of Washington § 41.28.085 — Legislative intent — Investments., with citation guidance and answers to common questions.

§ 41.28.085. Legislative intent — Investments.

In order that the intent of the legislature may be made clear with respect to investments, but without restricting the necessary flexibility that must exist for successful investing of the retirement and pension funds, the legislature makes this declaration of its desire that the investment authority shall give primary consideration to dealing with brokerage firms which maintain offices in the state of Washington so that the investment programs may make a meaningful contribution to the economy of the state. It is further the desire of the legislature that the retirement and pension funds shall be used as much as reasonably possible to benefit and expand the business and economic climate within the state of Washington so long as such use would be consistent with sound investment policy.
[ 1969 ex.s. c 211 s 3.]

Related Washington Legal Topics

Frequently Asked Questions About Washington § 41.28.085

What does Revised Code of Washington § 41.28.085 cover?

Section 41.28.085 ("Legislative intent — Investments.") 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 § 41.28.085?

A common citation format is "Revised Code of Washington § 41.28.085" (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.

How does Washington § 41.28.085 apply to my situation?

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

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.