Washington § 43.84.120 - Investment in state warrants.

Full text of Washington Revised Code of Washington § 43.84.120 — Investment in state warrants., with citation guidance and answers to common questions.

§ 43.84.120. Investment in state warrants.

Whenever there is in any fund or in cash balances in the state treasury more than sufficient to meet the current expenditures properly payable therefrom, and over and above the amount belonging to the permanent school fund as shown by the separation made by the state treasurer, the state treasurer may invest such portion of such funds or balances over and above that belonging to the permanent school fund in registered warrants of the state of Washington at such times and in such amounts, and may sell them at such times, as he or she deems advisable: PROVIDED, That those funds having statutory authority to make investments are excluded from the provisions of RCW 43.84.120.
Upon such investment being made, the state treasurer shall pay into the appropriate fund the amount so invested, and the warrants so purchased shall be deposited with the state treasurer, who shall collect all interest and principal payments falling due thereon and allocate the same to the proper fund or funds.
[ 2009 c 549 s 5161; 1971 ex.s. c 88 s 4; 1965 c 8 s 43.84.120. Prior: 1951 c 232 s 2.]

Notes

Severability—1971 ex.s. c 88: See note following RCW 43.08.070.

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

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Frequently Asked Questions About Washington § 43.84.120

What does Revised Code of Washington § 43.84.120 cover?

Section 43.84.120 ("Investment in state warrants.") 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 § 43.84.120?

A common citation format is "Revised Code of Washington § 43.84.120" (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 § 43.84.120 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.