Washington § 48.64.090 - Program may designate treasurer — Bond.

Full text of Washington Revised Code of Washington § 48.64.090 — Program may designate treasurer — Bond., with citation guidance and answers to common questions.

§ 48.64.090. Program may designate treasurer — Bond.

(1) A joint self-insurance program may by resolution of the program designate a person having experience with investments or financial matters as treasurer of the program. The program must require a bond obtained from a surety company in an amount and under the terms and conditions that the program finds will protect against loss arising from mismanagement or malfeasance in investing and managing program funds. The program may pay the premium on the bond.
(2) All interest and earnings collected on joint self-insurance program funds belong to the program and must be deposited to the program's credit in the proper program account.
[ 2009 c 314 s 10.]

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Frequently Asked Questions About Washington § 48.64.090

What does Revised Code of Washington § 48.64.090 cover?

Section 48.64.090 ("Program may designate treasurer — Bond.") 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 § 48.64.090?

A common citation format is "Revised Code of Washington § 48.64.090" (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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