Full text of Washington Revised Code of Washington § 43.330.430 — Developmental disabilities endowment — Definitions., with citation guidance and answers to common questions.
§ 43.330.430. Developmental disabilities endowment — Definitions.
(1) "Developmental disability" has the meaning in RCW
71A.10.020(6).
(2) "Developmental disabilities endowment trust fund" means the fund established in the custody of the state treasurer in RCW
43.330.431, comprised of private, public, or private and public sources, to finance services for persons with developmental disabilities. All moneys in the fund, all property and rights purchased from the fund, and all income attributable to the fund, shall be held in trust by the state investment board, as provided in RCW
43.33A.030, for the exclusive benefit of fund beneficiaries. The principal and interest of the endowment fund must be maintained until such time as the governing board policy specifies except for the costs and expenses of the state treasurer and the state investment board otherwise provided for in chapter 120, Laws of 2000.
(3) "Governing board" means the developmental disabilities endowment governing board in RCW
43.330.432.
(4) "Individual trust account" means accounts established within the endowment trust fund for each individual named beneficiary for the benefit of whom contributions have been made to the fund. The money in each of the individual accounts is held in trust as provided for in subsection (2) of this section, and shall not be considered state funds or revenues of the state. The governing board serves as administrator, manager, and recordkeeper for the individual trust accounts for the benefit of the individual beneficiaries. The policies governing the disbursements, and the qualifying services for the trust accounts, shall be established by the governing board. Individual trust accounts are separate accounts within the developmental disabilities endowment trust fund, and are invested for the beneficiaries through the endowment trust fund.
Notes
Explanatory note—2025 c 58: See note following RCW
1.16.050.
Frequently Asked Questions About Washington § 43.330.430
What does Revised Code of Washington § 43.330.430 cover?
Section 43.330.430 ("Developmental disabilities endowment — Definitions.") 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 § 43.330.430?
A common citation format is "Revised Code of Washington § 43.330.430" (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 § 43.330.430 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.
