Washington § 63.30.470 - Deposit of funds by administrator.

Full text of Washington Revised Code of Washington § 63.30.470 — Deposit of funds by administrator., with citation guidance and answers to common questions.

§ 63.30.470. Deposit of funds by administrator.

(1) Except as otherwise provided by this section, the administrator shall promptly deposit in the general fund of this state all funds received under this chapter, including the proceeds from the sale of property under RCW 63.30.420 through 63.30.460. The administrator shall retain in a separate trust fund, the nonappropriated unclaimed personal property account, an amount not less than $750,000 from which prompt payment of claims duly allowed must be made by the administrator.
(2) The administrator may pay from the trust fund provided in subsection (1) of this section any costs of administering this chapter including those costs set forth in RCW 63.30.490. Such amounts may be expended without appropriation.
(3) The department may periodically transfer from the general fund of this state to the unclaimed personal property account amounts necessary to accommodate the requirements of this section.
[ 2022 c 225 s 801.]

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

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Frequently Asked Questions About Washington § 63.30.470

What does Revised Code of Washington § 63.30.470 cover?

Section 63.30.470 ("Deposit of funds by administrator.") 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 § 63.30.470?

A common citation format is "Revised Code of Washington § 63.30.470" (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 § 63.30.470 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

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