Washington § 70A.345.040 - Use of funds — Restrictions. (Expires July 1, 2030.)

Full text of Washington Revised Code of Washington § 70A.345.040 — Use of funds — Restrictions. (Expires July 1, 2030.), with citation guidance and answers to common questions.

§ 70A.345.040. Use of funds — Restrictions. (Expires July 1, 2030.)

(1) A recipient of a loan or grant may not use these funds to conduct remedial actions of a release or threatened release from a petroleum underground storage tank system requiring financial assurances under chapter 70A.355 RCW or subtitle I of the solid waste disposal act (42 U.S.C., chapter 82, subchapter IX) unless the owner or operator:
(a) Agrees to first expend all moneys available under the required financial assurances;
(b) Demonstrates that all moneys available under the required financial assurances have been expended; or
(c) Demonstrates that a claim has been made under the required financial assurances and the claim has been rejected by the provider.
(2) A recipient must use a loan or grant for a project that develops and acquires assets that have a useful life of at least thirteen years.
[ 2020 c 20 s 1437; 2016 c 161 s 4. Formerly RCW 70.340.040.]

Notes

Effective date—2016 c 161 ss 1-13: See note following RCW 70A.345.010.

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

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Frequently Asked Questions About Washington § 70A.345.040

What does Revised Code of Washington § 70A.345.040 cover?

Section 70A.345.040 ("Use of funds — Restrictions. (Expires July 1, 2030.)") 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.

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A common citation format is "Revised Code of Washington § 70A.345.040" (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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