Washington § 86.09.538 - District funds — Surplus fund — Composition — Use.

Full text of Washington Revised Code of Washington § 86.09.538 — District funds — Surplus fund — Composition — Use., with citation guidance and answers to common questions.

§ 86.09.538. District funds — Surplus fund — Composition — Use.

The district shall have authority at its option of turning any district revenues not probably required during the current year to the surplus fund by adopting a resolution to that effect and filing a copy of the same with the county treasurer in charge of such fund. For this purpose unrequired moneys may be transferred from other funds, except from either of the two bond funds.
Assessments, not exceeding twenty percent of the total levy for a given year, may be levied for the purpose of supplying moneys for the surplus fund.
The surplus fund may be used for any district purpose authorized by law, by resolution of the board of directors specifying said purpose, and the duration of such use.
[ 1937 c 72 s 180; RRS s 9663E-180. Formerly RCW 86.08.680.]

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Frequently Asked Questions About Washington § 86.09.538

What does Revised Code of Washington § 86.09.538 cover?

Section 86.09.538 ("District funds — Surplus fund — Composition — Use.") 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 § 86.09.538?

A common citation format is "Revised Code of Washington § 86.09.538" (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 § 86.09.538 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.

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