Washington § 41.50.180 - Inactive accounts — Identification, closing, and refund.

Full text of Washington Revised Code of Washington § 41.50.180 — Inactive accounts — Identification, closing, and refund., with citation guidance and answers to common questions.

§ 41.50.180. Inactive accounts — Identification, closing, and refund.

(1) By January 1, 2022, the department will establish by rule an effective means of:
(a) Identifying inactive accounts of nonvested members of the retirement systems listed in RCW 41.50.030 whose account balance is less than one thousand dollars; and
(b) Providing for the orderly closing and refunding of member account balances in those accounts in accordance with the federal internal revenue code.
(2) The refund of a member's account balance will terminate all rights to future benefits, unless otherwise restored under the rules for each of the respective retirement systems.
[ 2021 c 189 s 1.]

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

Related Washington Legal Topics

Frequently Asked Questions About Washington § 41.50.180

What does Revised Code of Washington § 41.50.180 cover?

Section 41.50.180 ("Inactive accounts — Identification, closing, and refund.") 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 § 41.50.180?

A common citation format is "Revised Code of Washington § 41.50.180" (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 § 41.50.180 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.